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Chinese diplomat calls for better China-UK investment cooperation

Staff Writer |
Chinese Ambassador to the UK Liu Xiaoming urged his country and Britain to enhance cooperation in an array of areas ranging from infrastructure investment to international financial framework and build stronger political mutual trust.




In a signed article published by the Daily Telegraph, Liu said that China and Britain can enhance cooperation in a number of fields, from infrastructure investment and international financial framework, to cooperation on taxation, anti-corruption and anti-microbial resistance.

"Our joint efforts in these areas will be essential in the G20's transition from an organization for crisis control to an institution of long-term governance," he said.

His remarks came ahead of the G20 Summit in Hangzhou, China. The summit will see Theresa May make her first China visit since taking office as the new British prime minister.

Liu said that China and Britain have a wide range of consensus regarding the objectives of the summit and are ready to cooperate as their cooperation on G20 issues is becoming a fruitful showcase of their global comprehensive strategic partnership.

"The UK, famed for its innovative and creative spirit, chairs the G20 innovation working group that is responsible for making a G20 blueprint for innovation--driven growth," he said, adding that China and Britain can work together to push the summit to adopt the document.

On trade and investment, the ambassador said that China and Britain can work together to push the summit to approve the Strategy for Global Trade Growth and the guiding principles for global investment policies.

These concrete efforts would strengthen multilateral trade regime and reinforce the effective coordination of investment policies between different countries, he said.


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