China-France Partnership: Cooling Tensions with the EU

China hopes that France can help stabilize the tone of EU-China relations as European leaders discuss how to manage risks while cooperating with China. China expressed its willingness to deepen cooperation with France in finance, science, and technological innovation. French firms are concerned about getting caught in the crossfire of rising rivalry between China and the US. The two countries discussed challenges such as the green transition, reorganization of value chains, and technological revolution, as well as market access issues for French companies. Both sides expressed the importance of expanding and deepening economic and financial cooperation.