State Visit Ends up with Deals for Contracts Reaching 18 Billion Euros
Paris and China has signed deals that reached 18 billion Euros during the second state visit of Chinese President Xi Jinping after reaching an agreement with French President Francois Hollande that will bring in a much needed growth to the country. President Xi along with his wife Peng Liyuan was given the VIP treatment during a nostalgic trip to France marking a 50 year of full diplomatic ties between the two countries. The visit ended with a concert at the Palace of Versailles to further celebrate the 50th anniversary.
The couple started their trip in the eastern French city of Lyon and traveled up to Paris where Xi met up with Hollande to sign the agreements. And before the couple left Paris they took time to visit the former site of the Sino-French Institute of Lyon which is the first Chinese university abroad that opened in 1921. Several of the university’s alumni are now top officials and artists which include Deng Xiaoping, Chen Yi, author Qian Zhingshu and Ba Jin and known painter Xu Beihong.
While in Paris Xi and his wife also visiting Charles de Gaulle Foundation and paid tribute to the late general and French leader in which under his presidency, France was the first western country to establish a diplomatic tie with the Republic of China.
France was the second country during his 10 day four nation European tour, Netherlands was the first then France next will be Germany and Belgium. During his visit more than 18 billion Euros in contracts will be created with the biggest deal by far is the order of 70 Airbus airplanes worth US$ 10 billion. The order includes 43 mid range A320 planes and 27 long distance A330s.