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Investment

The delegation of Shanxi Province visited France to explore new models of economic and trade cooperation and development

May 18, 2023


Abstract : ​The China (Shanxi)-France Investment and Cooperation Meeting was successfully held in Paris, France on April 20, local time, by the delegation of Shanxi Provincial Government.

The China (Shanxi)-France Investment and Cooperation Meeting was successfully held in Paris, France on April 20, local time, by the delegation of Shanxi Provincial Government. Investment opportunities were presented to participants by the north China province based on its economic transformation, industrial transformation and digital transformation development with future cooperation potential discussed during the event.

The Shanxi delegation carried out a two-day business visit in Paris, France on April 20 and 21, local time. In addition to holding the investment and cooperation event, the delegation also visited TotalEnergies, Suez and other well-known enterprises, and had in-depth communication and exchanges with technological innovation enterprises such as Green Tech Innovation. The visit will not only expand the industrial cooperation between Shanxi and Europe, but also help Shanxi Province to develop a new business model for foreign investment and trade.


Investment promotion activities held to highlight the opportunities of investing in Shanxi

The  China (Shanxi)-France Investment and Cooperation Meeting was successfully held in Paris, France on April 20, local time, by the delegation of Shanxi Provincial Government. Representatives from the Shanxi General Chamber of Commerce, China Council for the Promotion of International Trade Shanxi Provincial Committee (Shanxi CCPIT), Shanxi Investment Promotion Bureau, Changzhi City, Jincheng City, Yuncheng City and other government representatives, as well as Christophe de Charentenay, CEO of M@Air, Olivier Muller, Partner of PwC France, Yuan Chengfei, Partner of PwC China, attended and spoke at the event. 40 representatives of local companies, including the world's top 500 companies, industry leading enterprises and hidden champion enterprise, attended the event.


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Li Xiusheng, vice president of Shanxi CCPIT, attended and chaired the meeting.

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Chen Xuzhong, vice president of the the Shanxi General Chamber of Commerce, attended and addressed the participants. Mr. Chen introduced the investment highlights and opportunities in Shanxi Province while encouraging enterprises from both countries to strengthen communication and cooperation, and sincerely inviting French enterprises to invest in Shanxi.

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Li Zhe, vice mayor of Yuncheng City, Zhang Pengfei, vice mayor of Jincheng City, and Shen Xiaofeng, director of the Investment Promotion Center of Changzhi municipal government, made presentations to show the participants the investment advantages and opportunities of cities of Shanxi, providing them with in-depth understanding of Shanxi key industry chains and huge market potential.

Shanxi boasts unique resource advantages in new energy, photovoltaic, high-end manufacturing, among other fields. The province targets new energy development model through wind, solar, biomass, geothermal energy, industrial waste heat, heat storage, electricity storage and other low-carbon technologies. Shanxi is actively advancing new energy industry upgrades through multi-energy complementary, energy storage, smart energy Internet and other industrial innovations. In the meantime, Shanxi is also accelerating the development of digital economy on a larger scale, with higher quality and better structure, stronger impetus. These areas post great potential for Shanxi and French counterparts to cooperate on in the future.

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Christophe de Charentenay, CEO of M@Air, delivers a speech during the event.

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Olivier Muller, Partner of PwC France, and Yuan Chengfei, Partner of PwC China, shared their expertise on the topics of European regulatory framework for sustainability and Chinese regulations for foreign investment respectively. PwC representatives expressed that the company will continue to facilitate the economic and trade cooperation between the two sides and contribute to the economic and trade development of France and China.

The event further enhanced the opening up of Shanxi Province to the world and international cooperation by introducing the investment environment of Shanxi Province and cities, the development layout and advantages of its 10 key industries, and investment incentives. At the event, the Shanxi delegation established docking channels with participating French enterprises, for further meeting new partners and capturing new opportunities.

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Chinese and foreign entrepreneurs exchange ideas during the event.


Precise and pragmatic docking by targeting companies that fit with industrial development

During the visit to France, the Shanxi delegation visited TotalEnergies, Suez, the world's second largest environmental group, Hopium, a high-end hydrogen vehicle company, and Green Tech Innovations, a technology innovation company, and held one-on-one discussions on the industrial development compatibility, cooperation potential and opportunities of both sides. The delegation had fruitful discussions and exchanges with the companies in terms of cooperation and cooperation mode.

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Sylvian Laurent, CEO of Hopium, shared his views on technology development, industrial planning and market strategy. For next step, both sides hope to explore the cooperation model in the production process.

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TotalEnergies is a diversified energy company that produces and markets energy products including oil, biofuels, natural gas, green gas, renewable energy and electricity worldwide. The company maintains positive prospects of Shanxi Province in energy, environmental protection, sustainable development and digital transformation, and looks forward to more in-depth cooperation in the future.

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Suez has very profound experience in the fields of water treatment and environmental protection. To welcome the visit of the delegation from Shanxi Province, the company made a detailed introduction around its main business, technical advantages and service model, after which the two sides discussed the cooperation opportunities in the fields of environmental protection and water treatment.

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The CEO of Green Tech Innovations, a technology innovation company, made a presentation on its smart and clean street light project, after which the two sides discussed around patent advantages, application scenarios, and cooperation potentials. Photovoltaic industry is a key industry in Shanxi Province that pools resources and technology.


Meeting with the Shanxi Chamber of Commerce in France, exchanging information on development and exploring cooperation mechanisms

At the last stop of the event, the Shanxi delegation had a cordial meeting with the members of the Shanxi Chamber of Commerce in France, and both sides expressed their expectation to further deepen trade cooperation, investment cooperation and cultural exchanges in the future on the basis of friendly cooperation and make more positive contributions to promote the economic and trade relations between the two sides to a higher level.

The activities of the delegation aimed to promote exchanges between Shanxi Province and France in culture, science and technology, trade and business, and to strengthen economic relations between China and France. Under the framework of the Belt and Road Initiative, the high-level opening up to the outside world and the "France 2030" investment plan, the economic and trade cooperation between China and France has been embracing new development opportunities. Looking ahead, Shanxi Province will continue to deepen cooperation with France in many areas of trade and investment in the digital economy, new energy and other fields, and make greater contributions to the economic and humanistic exchanges.

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Keyword: Shanxi investment and cooperation

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