Recently, French President Jacques Chirac visited China and became the focus of attention. At the same time, economic cooperation between China and France is also moving forward. In the recent opening of the French Culture Year, the Renault Group, France’s second-largest car company, stated that it will produce a full range of cars including mid- to high-end cars in China and hopes to enter the top three positions in the Chinese market. It is understood that Renault is full of confidence in the Chinese market and believes that an economical car “Loé„„ganâ€, which was first listed in Romania in September, will also have extraordinary competitiveness in China. The car, which is priced at €5,000, is a low-priced sedan for Renault’s new emerging automobile markets, such as Russia and Romania. It is also expected that Renault will produce its first car Megane in China in 2006. For the models that will be produced in China, Renault said that there are already new models that have been produced in France and will be launched specifically for the Chinese market. According to expert analysis, France lags behind Britain and Germany in its exports to China, and it hopes to shorten this gap. In France, there is a high unemployment rate and the loss of employment opportunities overseas. Therefore, the rise of China’s economy provides an opportunity for France’s economic growth and employment.
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