China's Commerce Minister met with Airbus CEO

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, Oct. 22 (Xinhua) — Chinese Commerce Minister Wang Wentao met with Airbus Chief Executive Officer Guillaume Faury in Beijing on Tuesday, the Ministry of Commerce said in a statement Wednesday.

Noting the steady growth of the Chinese market in recent years, Wang Wentao emphasized that China has already become the second largest consumer and import market in the world.

According to Wang Wentao, China will continue to promote Chinese modernization and develop new-quality productive forces, which will open up broad development opportunities for foreign enterprises, including Airbus.

Airbus opened its new final assembly line for the A320 family of aircraft in Tianjin, northern China, on Wednesday – the second of its kind in China and across Asia.

Wang Wentao expressed hope that Airbus will use the launch of the new final assembly line as an opportunity to deepen cooperation with China and provide more high-quality aviation products and services to both China and the world.

The Minister noted that the fragmentation of the global economy is currently intensifying, unilateralism and protectionism are having a negative impact on the international economic and trade order, and instability and uncertainty have increased significantly.

He said the Chinese side is willing to effectively utilize the roundtable mechanism for foreign enterprises, actively contribute to resolving the problems Airbus faces in doing business in China, and work together to ensure the stability of global industrial and supply chains.

Mr. Faury, in turn, stated that Airbus is full of confidence in the development of the Chinese economy and the civil aviation sector of China.

He added that the company intends to expand its presence in the Chinese market and contribute to trade and economic cooperation between China and France, as well as between China and the EU. -0-

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