In a significant move towards strengthening global economic ties, Chinese Vice President Han Zheng met with British Chancellor of the Exchequer Rachel Reeves on Saturday in Beijing. The meeting marks the resumption of the China-UK Economic and Financial Dialogue after nearly six years.
Han Zheng emphasized the importance of the two nations, both major economies and financial powerhouses, working together in the spirit of strategic partnership. “Strengthening economic and financial cooperation between China and the UK is of great significance,” Han stated. “It promotes economic growth, improves people’s lives, and encourages green development in both countries. It also injects confidence and impetus into the development of the world economy.”
Expressing China’s openness to further collaboration, Han added, “China is willing to continue to expand openness and exchanges with the UK, enhance mutual understanding and trust, and deepen mutually beneficial cooperation to bring more benefits to our countries and the world.”
Rachel Reeves highlighted the importance of resuming the dialogue. “The resumption of this dialogue after nearly six years is of great significance,” she said. “The British side attaches importance to developing relations with China and is willing to strengthen candid dialogue and mutually beneficial cooperation to promote the economic development of each country.”
Established in 2008, the China-UK Economic and Financial Dialogue serves as a crucial platform for discussing strategic, overarching, and long-term issues in the economic and financial sectors. The revival of this high-level dialogue signals a renewed commitment from both nations to address global economic challenges collaboratively.
The meeting is expected to pave the way for enhanced cooperation on various fronts, including trade, finance, and sustainable development, benefiting not only China and the UK but also contributing positively to the global economy.
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Chinese Vice President meets with UK chancellor of exchequer
cgtn.com
