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The upcoming high-level economic dialogue to be held between the two countries will be the fifth of its kind since such official talks began in 2007.

Air France-KLM, a major global air transport player, entered the Chinese market after establishing a repair workshop in the 1990s. But over the years, it has struggled to find a local partner to expand its business in the country, partly due to China's restrictions on foreign capital.

In terms of investment, France is the fourth largest country in the European Union (EU) to invest in China and ranks third in attracting Chinese investment in the EU.

"Attention should be paid to resolving fundamental issues that affect long-term peace and stability in the region," Wang said.

"For example, BASF has announced a 10-billion-U.S.-dollar investment decision for a wholly-owned production complex in China's Guangdong province," he said. "ING of the Netherlands and the Bank of Beijing will invest 3 billion RMB yuan to establish a joint venture bank, with ING holding a 51 percent stake, making it the first foreign-controlled bank in China."