French Economy and Finance Minister Bruno Le Maire attends the China-France Economic and Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, China, July 29, 2023.
He said they had also agreed to bring forward annual price negotiations - initially planned for next year - to September.
Le Maire went a step further on Thursday, naming Unilever, Nestle and Pepsi Co as being among the companies which he said were refusing to toe the line on prices.
"The large multinationals could do much more," Le Maire said.
"No one is willing to say 'I am going to reduce my prices' because the government is saying so," he said.
Persons:
Bruno Le Maire, Thomas Peter, Le Maire, Le, Sybille De La, Silvia Aloisi, David Holmes, Frances Kerry
Organizations:
Finance, France Economic, REUTERS, Rights, Unilever, Nestle, PepsiCo, Federation du Commerce, Pepsi Co, Thomson
Locations:
China, France, Diaoyutai, Beijing, Paris