Located at the heart of the world’s largest consummer market, France provides an ideal springboard not only to Europe but also to Africa and the Middle East.
A strong diversified economy
A dynamic economy and market
· Europe’s second largest economy and the fith largest in the world.
· Europe’s second largest consumer market, with 65 million inhabitants.
· The world’s leading tourist destination, with 79.5 million visitors.
With its overseas territories, France’s inluence extends to all the world’s oceans; it has the second largest exclusive economic zone (11 million sq. km.) after the United States, and shares a border with Brazil (French Guiana).
World-class industrial sectors
· Europe’s largest aerospace and nuclear industries.
· Europe’s second largest agri-food and chemical industries.
· Europe’s third largest ICT and pharmaceutical sectors.
French companies at the forefront of their sectors
• The top 200 global groups include 13 French companies: Total
(18th), BNP Paribas
(20th), AXA Group
(45th), GDF Suez
(47th), EDF Group
(78th), Société Générale
(94th), France Télécom
(110th), Vinci Group
(187th), Schneider Electric
(195th) and Saint-Gobain
(197th). (Source: Forbes Global 2000, 2012
At the heart of the world’s leading economic region
· The combined GDP of the European Union’s 27 Member States exceeds that of the United States (source: IMF, 2012); the European Single Market boasts more than 500 million consumers with high purchasing power.
· The European Union is also the world’s leading region for inward investment: in 2011, foreign direct investment inlows totaled US$425.3 billion, nearly double the equivalent igure for the United States. The EU attracted 14% of all investment from emerging countries (BRICS), compared with 5% for the United States. (Source: UNCTAD, 2012)
· Technological power, with one and a half million researchers – 100,000 more than the United States and more than double Japan’s research workforce. (Source: OECD, 2010, 2011)
Paris: the euro zone’s leading financial center
• The leading stock exchange, the main gateway to euro zone markets, and the second most popular location in Europe for foreign inancial irms (500 banks and inancial institutions). (Source: Paris Europlace, 2012)