During a recent meeting with auto industry executives, Finance Minister Bruno Le Maire stated that France is open to welcoming electric vehicle giant BYD if the company decides to establish a factory in the country. Le Maire emphasized that France welcomes all industrial projects and encourages Chinese companies to invest in the French economy.
This announcement comes at a significant time as the European Commission is currently investigating whether Chinese electric car companies receive excessive state subsidies, which could lead to specific duties being imposed. Despite the delicate moment in EU-China relations regarding the auto sector, France remains committed to promoting open trade and investment.
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