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Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Beijing, January 27 (Xinhua) — China intends to sign trade and investment cooperation agreements with the United Kingdom during British Prime Minister Keir Starmer's upcoming visit to China, the Chinese Ministry of Commerce announced on Tuesday.
As the agency stated in its statement, these final documents will help create new growth points in bilateral trade and economic cooperation.
"China attaches great importance to trade and economic cooperation with the UK and is actively working with the British side to prepare the trade and economic outcomes of the visit, as well as the meeting between Chinese and British entrepreneurs," the statement said.
The Ministry of Commerce added that Chinese and British businesses are showing increased interest in the planned meeting, with more than 100 companies currently registered to participate.
As the Chinese Foreign Ministry announced earlier on Tuesday, at the invitation of Chinese Premier Li Qiang, British Prime Minister Keir Starmer will pay an official visit to China from January 28 to 31.
According to reports, Starmer will lead a delegation comprising the heads of over 50 major British companies and representatives of British institutions. According to the Chinese Ministry of Commerce, they represent leading UK sectors, including finance, healthcare, manufacturing, culture, and creative industries, fully demonstrating the UK's sincere hopes for deepening trade and economic relations with China.
Under the strategic guidance of the two countries' leaders, trade and economic relations between China and the UK have maintained healthy and stable development for a long time. According to the Chinese Ministry of Foreign Affairs, bilateral trade in goods will reach $103.7 billion in 2025, while bilateral trade in services is expected to exceed $30 billion. Meanwhile, cumulative bilateral investment is approaching $68 billion.
The Ministry of Commerce's statement emphasizes that, amid rising global trade protectionism, China and the United Kingdom support free trade and defend the multilateral trading system. It notes that the two sides will remain committed to trade and economic cooperation characterized by complementary advantages, mutual benefit, and win-win outcomes. They will promote the coordinated development of trade in goods and services, pursue investment cooperation in both directions, and expand collaboration in sectors such as green energy, medicine, healthcare, creative industries, and intelligent manufacturing.
"The Chinese Ministry of Commerce stands ready to work with the UK trade and economic authorities to implement the important agreements reached by the leaders of the two countries, strengthen communication on trade and economic policy, create a fair, transparent, and law-based business environment for cooperation between enterprises on both sides, and promote the continuous advancement of trade and economic relations between China and the UK to new heights," the statement said.
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