China, France sign $31 billion worth of deals on Xi visit
Published on Mar 27, 2014 4:29 AM
PARIS (AFP) - Beijing and Paris signed scores of deals Wednesday worth 18 billion euros (S$31.4 billion) on the second day of a lavish state visit by Chinese leader Xi Jinping, in what President Francois Hollande said would bring much-needed growth.
Mr Xi and his wife Peng Liyuan have been given VIP treatment on a nostalgia-tinted trip to France marking the 50th year of full diplomatic ties between the two countries - a visit due to culminate with a concert at the Versailles chateau on Thursday.
The power couple kicked off their trip in the eastern city of Lyon on Tuesday, and a day later travelled up to Paris where Mr Xi met with his counterpart Mr Hollande and signed the deals.
"Eighteen billion euros of contracts - that is jobs, growth and, most of all, significant prospects for the coming years," Mr Hollande said during a joint press declaration with the Chinese president.
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