China and Britain should fully tap their potential in bilateral trade, particularly of high value-added and hi-tech products, and in service trade and infrastructure projects, Commerce Minister Gao Hucheng said last Sunday.<\/p>\n
China wishes to promote the export of high value-added products to Britain while making good use of Britain’s advantage in high-end manufacturing, high and new technology, and research, to expand bilateral trade, Gao said.<\/p>\n
He mentioned President Xi Jinping’s upcoming state visit to Britain between Oct. 19 and 23.<\/p>\n
“It is the first such visit by a Chinese president in a decade, which heralds an upgraded and closer bilateral relationship between China and Britain in all aspects, especially in economic and trade exchanges,” Gao said.<\/p>\n
Cooperation in bilateral service trade such as technological innovation, e-commerce, financial and legal services, medical care and creative industries, should be enhanced, Gao added.<\/p>\n
The two countries could also achieve progress in new industrial cooperation such as high-speed train, nuclear power, life science, satellite application, new energy, and new energy car, Gao said.<\/p>\n
China hopes Britain will play a positive role in promoting the export of European high-tech products to China, Gao said, adding that an early realization of a China-Europe investment agreement and a feasibility study on the China-Europe free trade zone will be conducive to sustainable bilateral trade and investment cooperation.<\/p>\n
Britain is China’s second largest trading partner within the European Union, while China is Britain’s fourth-largest trading partner.<\/p>\n
In 2014, bilateral trade value increased 15.3 percent year on year to 80.87 billion U.S. dollars, with the growth rate ranking the first among all China’s trade partners in the European Union.(Xinhua)
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China and Britain should fully tap their potential in bilateral trade, particularly of high value-added and hi-tech products, and in service trade and infrastructure projects, Commerce Minister Gao Hucheng said last Sunday. China wishes to promote the export of high value-added products to Britain while making good use of Britain’s advantage in high-end manufacturing, high […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-4555","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/4555"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=4555"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/4555\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=4555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=4555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=4555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}