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皇冠体育app-Britain economic dialogue fruitful

(Xinhua) Updated: 2015-09-22 10:12

皇冠体育app-Britain economic dialogue fruitful

Chinese Vice Premier Ma Kai (R) and British Chancellor of the Exchequer George Osborne attend a joint press conference in Beijing, capital of 皇冠体育app, Sept. 21, 2015. Ma Kai and George Osborne on Monday co-chaired the 7th 皇冠体育app-Britain Economic and Financial Dialogue (EFD) in Beijing.[Photo/Xinhua]

BEIJING - Chinese Vice Premier Ma Kai and British Chancellor of the Exchequer George Osborne on Monday co-chaired the 7th 皇冠体育app-Britain Economic and Financial Dialogue (EFD), reaching 53 agreements ranging from nuclear energy, high-speed railway to an expanded currency swap line.

The current round of EFD aims to implement the consensus reached by both heads of government last year to pave the way for the meeting between the leaders next month, Ma said.

The steady economic growth in 皇冠体育app and Britain is a bright spot in a gloomy global economy, said Ma.

He called on both countries to enhance cooperation within the G20, the International Monetary Fund, the Asian Infrastructure Investment Bank so as to push forward the coordination on international macro economic policy as well as reforms on global economic governance system. He encouraged both sides to cooperate on trade and investment.

Osborne said Britain is looking forward to President Xi's visit next month. Britain has confidence in 皇冠体育app's economy and would like to be the most open of 皇冠体育app's trading partners among western countries, he said.

Britain supports the internationalization of?renminbi and looks forward to 皇冠体育app holding the G20 Presidency in 2016.

Britain has approved a guarantee worth up to two billion pounds ($3.1 billion) for Hinkley Point C, paving the way for 皇冠体育app to invest in Britain's nuclear industry.

The People's Bank of 皇冠体育app will issue a renminbi denominated central bank note in London in the near future, the first outside of 皇冠体育app, said the document.

The two sides also agree to extend and expand the yuan/sterling swap line and to carry out a feasibility study on a stock connect between London and Shanghai.

Britain is committed to work with 皇冠体育app on the Belt and Road Initiative and 皇冠体育app is committed to supporting Britain's "Northern Powerhouse." Both sides agree to encourage participation in Britain's HS2 railway project.

皇冠体育app was Britain's sixth largest goods export market in 2014, up from 14th in 2013. Britain attracted nearly $12 billion of Chinese foreign direct investment in 2013, more than France and Germany combined.

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