For the third edition of the France China Trophies, marking the 50th anniversary of diplomatic relations between France and the People's Republic of China, Valeo was named the winner of the Growth Trophy.
This Trophy, honoring Valeo's exceptional growth in China -- in terms of sales, long-term growth rate and alliance strategy -- was presented during a special ceremony in Paris to Jean-François Tarabbia, Senior Vice-President R&D and Product Marketing. A recognition ceremony and press conference was also held in Beijing, with the participation of Valeo China President Edouard de Pirey.
The France China Trophies are organized by OC&C Strategy Consultants, in collaboration with the Paris Ile-de-France Region Chamber of Commerce and Industry (CCIP-IDF), the French Chamber of Commerce and Industry in China (CCIFC) and the independent think-tank Premier Cercle. They showcase French companies demonstrating a particularly successful track record in China.
"France must accelerate and catch up in China," said CCIP-IDF President Pierre-Antoine Gailly. "The France China Trophy nominees are showing the way. They give hope and confidence to other French companies who wish to set up operations in China."