On Nov. 26, 2013, Vice Premier Ma Kai of the State Council and French Finance Minister Pierre Moscovici jointly hosted the First China-France High-Level Economic and Financial Dialogue in Beijing.
Ma Kai said that for the nearly 50 years since the establishment of China-France diplomatic ties, bilateral relationship has continued to move forward, and economy and trade have been linked closely together. The establishment of China-France high-level economic and financial dialogue mechanism is a decision jointly made by President Xi Jinping, and President Francois Hollande. It builds a new platform for deepening bilateral economic and financial cooperation, and also is another important measure to upgrade China-France comprehensive strategic partnership.
Ma Kai said that the dialogue is to earnestly implement the consensus reached by the two heads of state to ensure a good start and a good first step. The two sides should have close communications on international economic situation and their respective policies and measures, strengthen cooperation under the G20 and other multilateral frameworks, and jointly promote the healthy development of the economy of the two countries and the world. Both sides should continue to deepen cooperation in nuclear energy, aerospace, and other traditional fields, and create new cooperation highlights in modern agriculture, urbanization, new energy, digitalization, sea and other fields. Both sides should strengthen financial cooperation and jointly promote all parties to carry out the International Monetary Fund (IMF) quota and governance reform as soon as possible. France should provide convenience for Chinese financial institutions to set up financial institutions and conduct business in France, and for Chinese enterprises to invest in France.
Pierre Moscovici said that the new dialogue mechanism shows the common aspiration of leaders of the two countries to attach great importance to and develop the bilateral relationship, and enriches the channels for bilateral dialogue. China is one of France's most important partners, and the two sides should strengthen cooperation at bilateral and multilateral levels. The bilateral relationship enjoys good atmosphere at the moment, and the French side welcomes Chinese enterprises investing in France, and won't use protectionist measures to cope with trade imbalance. France is looking forward to China hosting the next G20 summit.
The dialogue has helped reach a series of important consensus and positive results, and issue the Joint Statement of the First China-France High-Level Economic and Financial Dialogue. After the dialogue, Ma Kai and Pierre Moscovici jointly witnessed the signing of "Agreement for the Avoidance of Double Taxation and the Prevention of Tax Evasion" and its affiliated protocol, as well as the bilateral Memorandum of Understanding (MOU) between tax departments on both sides, and met with reporters.