LINE

    Text:AAAPrint
    Economy

    China unveils outcomes of economic, financial dialogue with Britain

    1
    2017-12-18 14:43Xinhua Editor: Mo Hong'e ECNS App Download

    China's Ministry of Finance on Saturday published 72 policy outcomes of an economic and financial dialogue co-chaired by Chinese Vice Premier Ma Kai and British Chancellor of the Exchequer Philip Hammond.

    New agreements of the two sides covered a series of issues ranging from bilateral trade to nuclear power to securities and bond trading links. The following are some key items:

    The British government has signed an agreement with the Asian Infrastructure Investment Bank to contribute $50 million to the bank's project preparation special fund.

    China and Britain recognize the huge benefits of an open world economy, and oppose trade and investment protectionism, and reaffirm their support for the World Trade Organization (WTO) as the central pillar of a multilateral trading system.

    China will support Britain's smooth transition to a fully independent WTO member with its own schedules of concessions, ensuring minimal disruption to the bilateral trading relationship.

    Britain is committed to a smooth and orderly transition to a new relationship with the EU, and will strengthen bilateral links with key partners, including China.

    Both sides welcome the continuing progress on the construction of the Hinkley Point C project.

    Britain welcomes the China Investment Corporation to open its London office and supports London to play an active role under the Belt and Road Initiative.

    Both sides agree to accelerate the final preparations for the Shanghai-London Stock Connect and to review the timeline for its launch when conditions permit.

    Both sides agree to start feasibility study on a UK-China bond market connect arrangement to help facilitate greater two-way investment into each other's bond markets.

    Both sides agree to jointly host a UK-China RMB Internationalization Dialogue in London in 2018, to promote London's role as a Western Hub for RMB and encourage greater use of RMB in international markets, and to support the use of RMB as the settlement currency in bilateral trade and investment.

      

    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.
    主站蜘蛛池模板: 大兴区| 黄龙县| 建水县| 霸州市| 尉犁县| 襄城县| 同仁县| 额尔古纳市| 治县。| 綦江县| 山阴县| 天长市| 驻马店市| 溧水县| 阿拉善右旗| 黔西县| 黄石市| 怀远县| 丹东市| 昭通市| 渑池县| 辛集市| 凌云县| 平度市| 渭源县| 墨竹工卡县| 仲巴县| 汝阳县| 牡丹江市| 正定县| 田东县| 刚察县| 泰来县| 咸宁市| 亚东县| 洛扎县| 达州市| 陵川县| 长治市| 铜鼓县| 铜山县|