Monday, December 27, 2010

Cameron's visit to China for the first mention of bilateral trade multiplier projects

Including education, low-carbon, creative industries, finance, and other areas of dozens of cooperation projects for United Kingdom Prime Minister Cameron and full of confidence and British trade multiplication scheme, namely trade doubled in 2015, and the annual trade volume reaches us $ 100 billion.

Officially opened yesterday, Cameron for a two-day visit to China, and in the areas of education, low-carbon signed a cooperation agreement with China, it is reported that the British will hold larger cooperation project signing ceremony. Industry noted that the plan to achieve trade doubled, and Britain is expected to further financial and creative industries, and service industries, in-depth cooperation today signed a cooperation project is most likely related to the above areas.

Before his departure, Cameron in a United States media author expressed the hope that by 2015, and China bilateral trade doubled, reaching 1000 billion/year, exports to China can reach 300 billion, and the impact of the financial crisis, bilateral trade volume 2009 only 391 million, well below the 456 million in 2008.

"The British trade is an important part of the foreign trade cooperation, 5 years after the trade has doubled its overall goals and objectives of China's foreign trade. "Department of Commerce's Institute of international trade and economic cooperation in the international market research department Deputy Director considers that, in the United States of Bai has put pressure on China's foreign trade, trade friction escalating today, British and foreign trade cooperation objectives are consistent. The Chinese Academy of social sciences, Institute of world economics and politics Division Director, international trade, United Kingdom Songhong the dominant industry focused on high-end manufacturing, finance, services, education, research and development areas of China can strengthen cooperation with the United Kingdom, at the same time, China is also available on the UK export manufacturing industry, etc. "To financial cooperation, for example, the United Kingdom bank would like to join the Chinese market, but China is dedicated to the financial system reform, both sides can facilitate cooperation through policy. ”

However, Bai also pointed out that, although the British trade cooperation space is large, but cooperation process friction problems likewise cannot be ignored.

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