From luxury British couture and tea, to chocolate, beauty products, home appliances and other items, UK products have gained popularity in China in recent years. To meet this growing demand, JD.com, China’s largest retailer, has announced plans to sell £2 billion of UK goods to Chinese consumers in the next two-to-three years. The agreement signed […]
UK Prime Minister announces a new package of UK-China creative and cultural collaboration today, including commercial deals for a new Eden Project and LEGOLAND Discovery Centre in China.
As China’s economy diversifies, and as the country moves from a heavily industrialised to a knowledge-based, innovation-driven economy, there are ambitions for culture and creative industries to reach 5% of China’s national GDP by 2020. The UK is seen as a strong partner for China to achieve its ambitions in this sector, with creative industries […]
Prime Minister Theresa May speaks at a Business Forum in Shanghai, on day three of her visit to China.
Thank you very much, Jack, and good morning everyone. And let me just say it’s a pleasure to see so many Chinese and British business leaders sitting side by side here today. I think It’s a very real expression of the golden era of relations between our countries. I’ve talked a lot with my Chinese […]
China will further open its vast market to Britain as the green light has been given to allow British beef imports for the first time in twenty years.
On Wednesday (31 January), Prime Minister Theresa May met with China’s second most important politician, Premier Li Keqiang, to signal her determination to boost trade with the giant economy. Speaking in Beijing, Mrs May revealed that British beef would be exported to China for the first time since the BSE, or ‘mad cow’, crisis […]
Prime Minister Theresa May is today set to announce a new package of exchange deals, partnerships and commercial contracts which bolster Britain’s already strong education relationship with China.
Chinese students already constitute the largest single source of overseas students in the UK, with 155,000 students currently in the UK worth an estimated £5 billion annually. There are also now some 9,000 young British people studying and interning in China, with numbers up 60% since 2013. Visiting the Chinese city of Wuhan today, which […]
6 Million RMB in sales in just one weekend for 20 brands growing their market in China Twenty leading British brands made a successful first foray onto one of Alibaba’s top online sales platforms in August in an exclusive three-day promotion for UK consumer goods, organised by the China-Britain Business Council (CBBC) in partnership with […]
The Communist Party of China (CPC) announced on Tuesday an investigation into Zhou Yongkang, the latest and highest ranking “tiger” in the anti-corruption campaign’s crosshairs. The investigation of Zhou, a former Standing Committee member of the Political Bureau of the CPC Central Committee, for suspected “serious disciplinary violations” will be conducted by the CPC Central […]
China has vowed to further promote the development of transport infrastructures in Tibet to make travels on “the roof of the world” much easier. The Ministry of Transport (MOT) said in a guideline that China aims to expand highways in the autonomous region to 110,000 kilometers by 2020. China plans to complete a primary network […]
Top leader of the Democratic People’s Republic of Korea (DPRK) Kim Jong Un on Saturday guided a rocket firing drill of the Strategic Force of the Korean People’s Army (KPA), one day ahead of the 61st anniversary of the signing of the Korean War Armistice Agreement, the official KCNA news agency reported. Kim examined the […]
Chinese industrial businesses saw their profits rise by 11.4 percent year on year in the first half of this year, official data showed on Sunday. Total profits of industrial companies with annual business revenue of more than 20 million yuan (3.2 million U.S. dollars) reached 2.86 trillion yuan, the National Bureau of Statistics (NBS) said […]