China, France sign documents on economic cooperation
  • Updated:2004-06-15
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   PARIS, June 11 (Xinhuanet) -- China agreed Friday to buy 20 Airbus planes and a French satellite in two contracts signed in French Prime Minister Jean-Pierre Raffarin''''s Matignon Palace.

    At the signing ceremony, seven other technical cooperation agreements were also inked, with the presence of Raffarin and visiting Chinese Vice-Premier Zeng Peiyan after their talks.

    The deals for 20 Airbus A330-200 planes and the French-made Alcatel television satellite are valued at more than 2 billion US dollars, according to industrial sources.

    The 20 Airbus jumbo jets are scheduled to be delivered to Chinafrom the first quarter of 2006.

    Pascale Sourisse, president of Alcatel Space, a subsidiary of the French telecommunications group Alcatel, said his company had agreed to sell a satellite to Chinasat, a Chinese satellite operator preparing for the 2008 Olympic Games in Beijing.

    The Electricity of France signed with a Chinese company a letter of intent concerning technical cooperation in building a nuclear power plant in southern China''''s Guangdong province.

    Other deals signed in the ceremony included a technology transfer program of high-speed electric trains between French engineering group Alstom and China''''s Datong Electric Locomotive Company. Enditem