In May, France and China concluded 18 cooperation agreements between government agencies

TIANJIN, June 4 (Xinhua) -- Christoph Schrempp, general manager of Airbus Tianjin Delivery Center, has been based in China for more than a decade and has been a direct observer of the symbiotic growth and innovative progress in the aerospace industries of China and France.

Airbus is effectively leveraging the synergies between the two countries and exploring new frontiers such as green industries and clean energy in collaboration with Chinese partners.

"We are working closely with the China National Aviation Fuel Group to develop an internationally recognised SAF (Sustainable Aviation Fuel) standard. This will be very useful for future deployments. It will also be a win-win solution for the Chinese aviation industry," said Schrempp.

In addition, Airbus opened a service centre in January in Chengdu, in southwest China's Sichuan province, dedicated to the entire aircraft life cycle. This is the first centre of its kind outside Europe.

In May, China and France concluded 18 agreements on cooperation between government agencies in the fields of aviation, agriculture, people-to-people exchanges, environmental development and small and medium-sized enterprise cooperation.

Since the establishment of diplomatic ties 60 years ago, China and France have seen a nearly 800-fold increase in bilateral trade, which will reach $78.9 billion in 2023, according to China's Ministry of Commerce. Over the past six decades, cumulative two-way investment has exceeded US$26 billion, and more than 2,000 French companies now operate in China.

In March, French medical device company Stago, which specializes in in vitro diagnostics, ventured into localized medical device manufacturing by establishing Tianjin Stago Medical Devices Co. The company first set up a small factory in Beijing's Shunyi district in 2003, which was later expanded into a larger facility, and then inaugurated a second plant this year.

Philippe Barroux, CEO of Stago's subsidiary in China, stresses the importance of localised production in China.

"Since our arrival, the local government has provided unwavering support and facilitated our dealings with various administrative bodies, customs, tax, banking and local food and drug authorities," Barroux noted.

Stago is also looking for quality suppliers in the North China municipality of Tianjin to secure top-quality raw materials for its products. Barroux elaborated, "We are looking for suppliers who can provide us with high-quality standard raw materials so that we can gradually introduce them into our products."

Dynapac, a manufacturer of a comprehensive range of compaction and paving equipment under the French Fayat Group, has seen its subsidiary Fayat (Tianjin) Trading Co., Ltd. officially commence operations as the global logistics and spare parts purchasing centre for the Fayat Group in 2023.

Annie Bo, CEO of Dynapac China, credits China's 5G technology and 24-hour customs clearance policy with enabling a 24-hour automated supply chain for spare parts worldwide and facilitating the settlement of purchase transactions.

"In the future, we will continue to increase investment and develop new products in China," Bo said.

(Web editors: Zhang Kaiwei, Zhong Wenxing)