Good prospects for economic and trade cooperation between China and Britain

Chinese Ambassador to the United Kingdom Embassy Counsellor Minister Counsellor week Bob recently said, the British trade has a long history. More than half a century, the growth of bilateral trade 100 times. This year the British trade overcome global economic crisis affect the appearance and rapid development momentum.

Zhou Xiao ming, said that the comprehensive strategic partnership in the background, the British trade and economic development. Currently, the United Kingdom within the EU is China's third largest trading partner after Germany, the Netherlands. China is the United Kingdom in the EU's second largest trading partner after the United States.

According to Chinese statistics, affected by financial crisis, bilateral trade last year, the British total 391.5 billion, an decrease 14.2%. Exports 312.8 billion, an decrease 13.3%, import 78.8 billion, an decrease 17.4%. According to the British statistics, 2009 United Kingdom on the other major market will appear significantly lower, exports to China increased by 5.3%, machinery, motor vehicles and parts, medical products as the main point of growth; growth in imports from China 4%, United Kingdom 15 large import market before.

This year's fast growth in bilateral trade, has been restored to pre-crisis levels. According to Chinese statistics, 2010-1-4 months, and the British goods trade 138.1 billion, an increase of 29.8%. $ 1058, export, growth 24.5% import 32.3 billion, an increase of 51.4%.