Earlier this month the Chancellor Philip Hammond hosted Chinese Vice Premier Hu Chunhua in London for this year’s EFD to discuss economic challenges and trade and investment opportunities between the UK and China. With the findings of BritCham’s inaugural Position Paper having informed the discussions between the two sides, Thursday’s briefing served as a valuable platform from which government and business could talk about how the market access barriers facing British companies were addressed.
The 10th UK China Economic and Financial Dialogue (EFD), held on Monday, has resulted in £503 million worth of deals between Chinese and British companies. The British Chamber of Commerce in China appreciates the commitment of both governments to an open, fair and non-discriminatory investment environment. We also welcome the inclusion in the EFD's agenda of several key matters raised by British business in the Chamber's Position Paper 2019.
British business will be keeping a close eye on the lianghui, one of the most significant events in China’s political calendar which began on Sunday. Known in English as the Two Sessions, it allows the country’s legislature to review government work and announce major policy changes that will have a strong bearing on their China operations in the coming year.