China, France Sign Documents On Economic Cooperation

DRAGON SPACE

China national nuclear Corporation CEO Rixin Kang (L) shakes hands with French state nuclear power group Areva CEO Anne Lauvergeon (C) as chairman of Areva's subsidiary Framatome, Vincent Maurel watches 10 June 2004 in Paris, after signing an agreement on technological cooperation. France and China signed billions of dollars worth of trade contracts Friday during a visit to Paris by Chinese Vice Premier Zeng Peiyan, cementing ties that have grown noticeably closer in recent months. AFP PHOTO STEPHANE DE SAKUTIN

Paris - Jun 14, 2004
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.

Source: Xinhuanet

DRAGON SPACE

China Plans To Launch Two Astronauts Next Year

Beijing - Jun 04, 2004
China will send at least two astronauts into outer space in the fall next year, and they will stay there for at least one week, reported Thursday's The Beijing News, citing Yang Jiachi, academician of the Chinese Academy of Sciences (CAS).

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