LINE

Text:AAAPrint
Economy

Huge potential exists for China-UK economic cooperation: spokesman

1
2018-01-18 15:36Xinhua Editor: Gu Liping ECNS App Download

A spokesman for China's Ministry of Commerce said Thursday that economic and trade cooperation between China and Britain had huge room for development.

"Britain is an important economic and trade partner of China in Europe," spokesman Gao Feng said at a press conference.

In 2017, bilateral trade rose 6.2 percent to 79.03 billion U.S. dollars, with China's exports to Britain up 1.8 percent, while its imports from Britain surged 19.4 percent.

British investment in China reached 1.5 billion U.S. dollars, and China's non-financial investment in Britain reached 1.53 billion U.S. dollars.

"We are now pushing for the creation of a committee of entrepreneurs from China and Britain," Gao said, adding that a trade work group meeting has been held to explore for expanding trade and investment opportunities.

"Both sides will also seek to make new achievements in corporate cooperation in the financial, innovation, telecom, new energy and other fields," Gao said.

He made the remarks in response to a question about possible outcomes from a reported China visit by British Prime Minister Theresa May later this month, which will focus on trade issues.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.