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What is the trick behind the UK investment in China?

时间:2018-02-05 13:35来源:未知 作者:Understanding China 点击:
What is the trick behind the UK investment in China?
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Speaking at a regular press briefing held on February 1, the summit spokesman for the Chinese Ministry of Commerce said both China and Britain agree to jointly build the Xiong'an Financial Technology City. In addition, both parties are expected to sign a commercial agreement totaling about 9 billion pounds, covering areas such as the "Belt and Road" construction, finance, innovation, agriculture and science and technology.
 
On April 1, 2017, the Central Committee of the Communist Party of China and the State Council decided to set up the Xiong'an New District. This is a major historic strategic choice made by the party Central Committee with Comrade Xi Jinping as the core. After the special economic zones of Shenzhen and Shanghai Pudong New Area The new zone of national significance is a grand project of the millennium and a national event. The importance of Xiong'an District is self-evident.
 
Why the United Kingdom voted to build the security area? One can see from the historical dimension.
 
Wall Street Journal columnist Fu Shipeng wrote in April 2017 that "the big city disease" is not unique to China. The United Kingdom encountered this problem more than 50 years ago when the British capital of London was experiencing World War II, Beijing is currently very similar. At that time, the population of Central London was over 8 million, causing a series of metropolitan diseases such as traffic congestion, environmental pollution and tight health resources. Therefore, London formulated the same policy as Beijing now after World War II: limiting growth, evacuating development and building a new city.
 
The establishment of the Xiong An New District is also to solve the "big city disease", its primary orientation is to ease Beijing's non-capital functions, some from Beijing to ease the administrative institutions, headquarters enterprises, financial institutions, universities, research institutes and so will Moved to Xiong'an, making it the "sub-center of the capital" as commonly understood by all. Perhaps because of "sympathetic", so the United Kingdom decided to invest in the construction of Xiong'an District.
 
At the same time, it can be seen from the construction of the Financial Technology City in Britain that China and Britain will work more closely in the financial field. On the very day when Premier Li Keqiang and Prime Minister Theresa May held the 2018 Sino-British Prime Ministers' annual meeting, the Standard Chartered Bank of England formally approved Panda Bond underwriters, which will be conducive to promoting cooperation in the financial sector between the two countries. At the ninth Sino-British Economic and Financial Dialogue held in December 2017, both China and Britain agreed to examine in due course the timing of the launch of China Unicom, the first overseas stock market outside China, "Shanghai-London." In addition, Renminbi officially became the UK's foreign exchange reserve in 2014. In 2018, China and Britain will hold an international dialogue on RMB in China and Britain in London to encourage greater use of the renminbi in international markets. Both China and Britain have agreed to continue promoting cross-border RMB business between China and Britain, support the use of RMB-denominated settlements in the trade and investment between the two countries, agree to further play the role of the UK's RMB clearing bank and continue to promote the development of the offshore RMB market in London. The door to China's reform and opening up will only be wider and wider. China will actively and steadily promote the opening up of the financial industry to the outside world. Compared with the United Kingdom, China started late in the financial sector, cooperation with the United Kingdom contributes to the development of China's financial industry.
 
Although China and Britain will sign an agreement on economic and trade cooperation exceeding 800 billion, it is even more amazing. However, the significance of building the Xiong'an Financial Technology City is even more profound. Hu Dawei, an associate researcher at China Institute of International Studies, said that this decision by the United Kingdom shows Britain's enthusiasm for promoting Sino-British cooperation and embodies the efforts China and Britain have made in deepening bilateral cooperation.
 
Zhang Deyong, a researcher at the Institute of Finance and Economics of the Chinese Academy of Social Sciences, added that Britain valued the future business opportunities in the future. It can be seen that there are many common interests between China and Britain.
 
The Sino-British relations have been at the forefront of the relations between China and the West over the years. President Xi Jinping paid a successful visit to Britain in 2015, and both countries announced the construction of a comprehensive global strategic partnership for the 21st century. Prime Minister May's visit will step up mutual political trust between China and Britain, expand economic and trade cooperation and pragmatic cooperation in various fields, and enhance communication and coordination on major international and regional issues. At a routine press conference held on January 29 and January 30, the Chinese Foreign Ministry said that PM's visit will help promote the "golden age" of China-UK relations in a continuous and in-depth manner and will also help boost China's cooperation with Europe and the West Go to a new level. China is ready to work with Britain to take this visit of Prime Minister May as an opportunity to promote greater development of the all-round global strategic partnership between China and Britain in the new era.
(责任编辑:Understanding China)

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