China, France ink USD 15 bln deals

BEIJING, China and France inked on Wednesday a number of accords worth USD 15 billion for investments in nuclear energy, space and environment.

According to the Chinese news network, “CGTN”, the deals were inked on sidelines of the Chinese-French summit.

The network quoted the Chinese leader, Xi Jinping, as saying that leaders from the two nations had conducted reciprocal visits marking the diplomatic relations’ 55th anniversary.

He added that the Chinese Government had issued sovereign bonds in the Euro worth euro four billion (USD 4.4 billion) in Paris in a move aimed at bolstering the French city status as a financial hub.

The Chinese and French presidents attended the ceremony during which officials inked the USD 15 billion deals, covering the sectors of nuclear energy, space and environmental protection.

Source: Kuwait News Agency