UK-China trade relations championed by Investment Minister visit
International Trade Minister, Graham Stuart MP, has recently travelled to Beijing to encourage the already booming trade relationship between the UK and China in a bid to future-proof the country post-Brexit. Meeting with key representatives from the Chinese government based in the Ministry of Commerce and other officials at the National Development and Reform Commission (NRDC) he promoted a strong economic relationship between the two countries, whilst advocating the benefits of British businesses in the region. In addition to this, he met with potential investors, hosted roundtables with a variety of life sciences, education, infrastructure and financial services businesses and attended the UK’s flagship pavilion at the Horticulture Expo, showcasing its continued leadership in clean energy and sustainable development.
After Beijing, Graham Stuart MP moved down to Chongqing, where is he led a 200-strong delegation of British business leaders representing varying sectors, including tech, manufacturing, transport and education, whilst championing the country’s global leadership in smart technology.
Trade and investment between the two nations has reached record levels, with bilateral commerce more than doubling over the last 10 years and latest statistics highlighting that it had succeeded the £70 billion mark for the first time during the 2017\18 financial year.
“China is a world-leading economy and the UK’s largest trading partner outside of Europe and North America, holding unparalleled opportunities for UK businesses. Britain is committed to strengthening the UK-China trading relationship to ensure UK firms are poised to seize the opportunities the region offers as our trading relationship continues to blossom.”
Minister for Investment Graham Stuart
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