France in small firms export push to China

5th October 2004, Comments 0 comments

PARIS, Oct 5 (AFP) - France wants to double the number of small and medium sized companies exporting to China within three years, and will to take 1,000 there next year to study possibilities, deputy trade minister Francois Loos said Tuesday.

PARIS, Oct 5 (AFP) - France wants to double the number of small and medium sized companies exporting to China within three years, and will to take 1,000 there next year to study possibilities, deputy trade minister Francois Loos said Tuesday.  

"We are going to take businesses next year to several major trade fairs and will go, we hope, with 1,000 new companies to discover potential markets," Loos told BFM radio.  

"There are 3,500 French companies exporting to China and 250 installed there. If we look at the potential, we see that in three years there should be 7,000."  

The companies concerned should be small and medium sized enterprises, he added.   French businesses currently hold about 1.4 percent of the Chinese market, compared to 2.7 percent five years ago.  

President Jacques Chirac embarked on an eight-day Asian tour Tuesday aimed at winning a bigger slice of China's economic pie by playing on political and cultural relations that have grown noticeably closer.

© AFP

 

Subject: French News

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