him emmanuel macron is him him meeting with some of the him finest minds in silicon valley while he ise. hundreds of french startups at ces. you guys have seen an explosion himyou guys have seen an explosion in tech innovation. what behind this? him emmanuel: we create every year now 1500 startups. that's a big explosion indeed. emily: why though? emmanuel: innovation is part of the french dna. him we did not convert this energy into business. i think the new generation is much more pro-business by creating startups. now, they are starting startups in france to launch a business. we have launched a series of him pro-business measures to help them. him help them. him him him him that's a big change in the french landscape. him now we have startups everywhere in tech, health care, and a lot of industries. him all of them were at ces, and him they got more than 19 awards with a lot of new him awards with a lot of new him innovation. him him brad: minister, first, i want to compliment you on your red rooster on your lapel. it's very nice. him him him him him emily: it's a symbol of french

right, emmanuel macron is here, along with manuel valls, to herald the pro-business reforms in france passed by parliament last year. the idea is make it -- the idea is to make it easier to do business in france and to help create jobs. forced through parliament using a constitutional override. --ew plan to help cut jobs the president is calling it an economic state of emergency. in france, reforms were not well received. macron was asked about where the reform plan will go next. question markbig about france because of the upcoming presidential election, and the message is that we will not stop reform in the country because of this election. why? because everything is about unemployment and economy, so we are going to keep reforming and iswill -- my strong feeling that we have to speed up and shanking reforms. stephen: in the labor market, what will these reforms and tail? health far will the reforms get -- how far will be reforms go? more adaptivech model to the current market. stephen: and the 35-hour work week? >> the working hours -- through agreement, exactly like in germany, yo

francine: i am excited to welcome a very freezing davos, ministerh economy emmanuel macron.here's been so much to understand. how tough reforms can be to push through. are you disappointed? emanuel: we have a series of reforms to be put in -- into order to reduce coming weeks and months, we will implement these reform spirit on top of them, we have to speed up. we have to make radical reforms. so the announcement the beginning of this week, on top of the reforms we implemented in 2015. i think what we are doing on labor market first to deal with the cost of low qualifying jobs. [indiscernible] it was an issue. stability --ase increase flexibility. , to take bolds decisions in case of downturn. [indiscernible] now what we will do is to level.e at the comfort in order to be in a situation to negotiate at the copper level. [indiscernible] -- in casent to know of downturn and problems. the reform we passed on the special course of labor markets to reduce and simplify. francine: this is the anglo-saxon model. do you think that president ande --his president holl emmanuel: we have