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China very quickly gave tax incentives and support to companies with supply chains and manufacturing operations in the country to reassure them of their investments, Lynch said.

China now leads the world in new energy vehicle (NEV) development. Chinese auto companies including BYD, BAIC and Geely ranks among the top brands worldwide in terms of electric car sales last year, according to the China Passenger Car Association.

China will boost its health-related industries and the market for health services is estimated to reach 16 trillion yuan (.3 trillion) by 2030, according to a forecast by the National Health Commission.

China welcomes France's participation in building the Belt and Road Initiative, Xi said, referring to the ongoing development of building the Silk Road Economic Belt and 21st Century Maritime Silk Road, which has won support from more than 100 countries and organizations.

China remains committed to deepening communications and cooperation with France on multilateral agendas including climate change, and to working together to safeguard rules-based multilateralism as well as the international system with the United Nations at the core, he added.