China And British Signed 47 Billion Dollars Large Single

Both countries again bears sweet fruits. On January 11, are British visit the vice premier li keqiang with British deputy prime minister Craig after talks, signed the total about 47 billion government agreement and commercial contract, mainly relating to the low carbon, wildlife protection, deep-sea oil and gas resources exploration and development as well as the financial department cooperation, etc.

Yesterday, the British consulate in Shanghai officials to \”the international financial news reporter confirmed:\” Sino-British 47 billion dollars large single have signed the complete, detailed information needs to wait for Britain in the confirmation and officially announced.\”

Reporter from the channel to realize, in this big menu, petrochina will invest in the UK companies INEOS) under the vertical (of oil refining assets, including British lux in England granger Morse and southern France pull militello refineries, the above two refinery daily processing capacity of about 20 million barrels, as for trading specific amount to be verified.

\”Instilling economic and trade cooperation between continuous development.\” Li keqiang, points out that the current bilateral trade realizes the restorative growth, to a new level, both sides could realize bilateral trade reached $100 billion by 2015 goal. Last year, according to figures January – October, Sino-British goods trade reached 402 billion, a historic period record.

Craig says that will further strengthen cooperation and British fields continuously explore new areas and new opportunities. Britain will adhere to the open trade principle, together with China promote the establishment of a fair and open international trading system, promote the doha round of world trade talks to progress, against protectionism.

In addition, li keqiang on January 10th, with British prime minister Cameron, again asked the eu cancel that sino-us trade restrictions and the embargo, he emphasized the ban limit the high technology products export to China. (source: international financial reported) 2006wccif –

After her two days of UK trade and investment secretaries green said, in the British cooperation have tremendous potential, said he wanted to have more Chinese enterprises to the UK investment, especially investment in the UK low carbon and infrastructure construction. \”For Britain, it is no more than the economic and trade relationship with China more important strategic emphasis. You\’ll find that, England (for companies to) have stability and attractive growth environment, especially suitable for as (enterprise development) of the European market and commercial base. We welcome the Chinese investment British major infrastructure projects; low carbon (brought) opportunity is obviously another the cooperative field – as promoting the economic efficiency as well as reduce carbon emissions means, low carbon technologies for developed countries and developing countries that are increasingly important. (Sino-British economic and trade cooperation) momentum are moving in the right direction, the British government fully committed to the development of this relationship.\”

From the UK is more than 300 political and business people attend the day\’s BBS. This BBS by the ministry of commerce of the commercial innovation and skills, English department, the UK trade and investment agency, in the British trade association, as well as China, mechanical and electrical products import and export Chambers of commerce jointly organized.

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