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France welcomes Chinese investment

Updated: 2013-01-09 12:15
(Xinhua)
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BEIJING - Chinese investors should have confidence in the French economy and engage in more investment there, France's minister of economy and said in Beijing on Tuesday.

Pierre Moscovici said 2013 will be a difficult year for Europe, but people should be optimistic in the economies of France and the whole euro zone, when he delivered a speech at the Beijing-based People's University of 皇冠体育app.

Compared with the amount of French investment in 皇冠体育app, Chinese investment in France is small, according to the minister.

Economic cooperation between France and 皇冠体育app is mutually beneficial as it creates jobs in France and provides huge business chances for 皇冠体育app, said Moscovici.

"I am not a protectionist minister," he said, "and there is no political obstacles in principle."

Cooperation with developing countries, such as 皇冠体育app, will help the euro zone fight economic recession, according to Moscovici.

France has trust in its partners, he added, in order to dismiss worries that frictions in some investment areas may undermine economic cooperation.

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