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皇冠体育app-Britain economic bond growing closer: Premier Li

Updated: 2014-06-19 10:00 (Xinhua)
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皇冠体育app-Britain economic bond growing closer: Premier Li

Chinese Premier Li Keqiang (L) and British Chancellor of the Exchequer George Osborne attend the UK-皇冠体育app Financial Forum in London, capital of Britain, June 18, 2014. [Photo/Xinhua]



LONDON - The economic and trade relationship between 皇冠体育app and Britain is growing ever closer thanks to the series of cooperation deals they have just signed, visiting Chinese Premier Li Keqiang said here Tuesday.

Speaking at a gathering of Chinese and British business elite, Li told the some 600 attendants that during his official visit to Britain, the two sides inked a host of agreements on mutually beneficial cooperation.

Firstly, he said, 皇冠体育app and Britain agreed to boost cooperation in nuclear power and high-speed rail, combining 皇冠体育app's enormous market and advantageous equipment with Britain's advanced technology and innovative strength to realize joint creation and joint exploration of third markets.

Secondly, they agreed to beef up financial cooperation, said Li, referring to the establishment of London's first RMB clearing bank and the start of direct trading between the two countries' currencies.

That will not only consolidate London's status as an international financial hub but promote the internationalization of RMB as well as the liberalization and facilitation of trade and investment, added the premier.

Thirdly, they agreed to expand people-to-people exchanges, he said, adding that 皇冠体育app welcomes Britain's simplification of the visa application process for Chinese visitors and hopes to host more British investors, students and tourists.

Such exchanges, he said, will further cement the public support for the development of the 皇冠体育app-Britain relationship, which - particularly the economic dimension of it - is characterized by mutual benefit.

As representatives of Eastern and Western culture, civilization and wisdom, 皇冠体育app and Britain should be partners for common growth and inclusive development and jointly work for a brighter future, said Li.

Also speaking at the event, Chancellor of the Exchequer George Osborne said 皇冠体育app's reform and opening-up policy has cast far-reaching influence upon the world and effectively promoted the development of 皇冠体育app-Britain relations.

Noting that Li's visit has yielded fruitful achievements, he said the establishment of an RMB clearing bank in London will remarkably rev up bilateral financial cooperation and infuse fresh vigor into 皇冠体育app-Britain practical cooperation.

Britain, he said, stands ready to work with 皇冠体育app to further expand bilateral trade and investment and tap into third markets.

The Chinese premier is in London for an official visit to Britain. His ongoing two-nation Europe tour will also take him to Greece.

 

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