China, Britain issue joint statement, pledge to forward cooperation

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(Xinhua) China and Britain agreed to work together to push forward bilateral cooperation in growth, reform and innovation, according to a joint statement issued here on Tuesday.

The document, issued after the annual meeting between visiting Chinese Premier Li Keqiang and his British counterpart David Cameron, underlined that since the establishment of the China-Britain comprehensive strategic partnership a decade ago, bilateral relations have made significant progress.

China and Britain agreed that their comprehensive strategic partnership has become an indispensable element of each other's foreign policy agendas, the document said.

China and Britain stand ready to expand economic and trade cooperation and promote development in each other's markets. They renewed their commitment to the joint target of 100 billion U.S. dollars by 2015.

The two countries stressed the importance of mutual investment in promoting respective long-term economic growth and employment. Britain welcomed Chinese investment in infrastructure such as transportation and energy, particularly nuclear, high-speed rail, offshore wind power and photovoltaic projects.

Both sides agreed to establish a strategic partnership on infrastructure and committed to working together to support further collaboration between Chinese and British companies on more projects.

China and Britain welcomed the cooperation on civil nuclear energy and signing of a joint statement on civil nuclear power.

The two sides agreed to promote substantive cooperation on rail, including high-speed rail, in areas such as design, engineering, construction, supply operation and maintenance, on projects in China and Britain.

Both sides welcome a greater role of RMB in international trade and investment and the establishment of an RMB clearing bank in London.

The document also covers bilateral cooperation in such areas as urbanization, aerospace, maritime development, healthcare, people-to-people exchanges, education, scientific innovation and cultural and creative industries.

It said the two sides attach importance to the China-Britain Joint Scientific Innovation Fund, and will enable research and innovation in key areas which are priorities for both countries including health, environmental technologies, food and water, urbanization, energy and education.

According to the document, both sides attach high importance to deepening the China-European Union (EU) strategic partnership. They support negotiations for an EU-China investment agreement to lift pragmatic cooperation to a new level, and reaffirm their commitment to the long term goal of an ambitious and comprehensive EU China free trade agreement.

On global and regional affairs, China and Britain agreed that as major countries with global influence and permanent members of the UN Security Council, their close cooperation is conducive to tackling the global challenges of the 21st century.

Both sides are ready to make joint efforts for the strong, balanced and sustainable growth of global economy, maintain and consolidate the multilateral trade systems represented by the World Trade Organization, and oppose protectionism of any form.

Earlier in the day, Li met with Queen Elizabeth II at Windsor Castle and held talks with Cameron at the annual prime minister's meeting.

The Chinese premier arrived here on Monday for an official visit. Britain is the first leg of his two-nation trip to Europe, which will also take him to Greece.

 

Li  proposes expanding China-Britain trade to 100 billion dollars in 2015

(Xinhua)  Visiting Chinese Premier Li Keqiang proposed here Tuesday that China and Britain expand two-way trade to reach a target of 100 billion U.S. dollars in 2015.

Li, at an annual meeting with his British counterpart, David Cameron, also called on China and Britain to boost cooperation in such areas as nuclear power, high-speed railway, infrastructure construction and urbanization.

This year marks the 10th anniversary of the establishment of the China-Britain comprehensive strategic partnership. The two premiers agreed to seize the unique opportunity to lift bilateral relations to a new level.

Li said China and Britain should constantly consolidate the political foundation of bilateral relations, promote common growth and inclusive development, so as to speed up the development of China-Britain ties.

He said the two countries need to advance financial cooperation, facilitating direct trading of their local currencies, setting up RMB clearing bank and opening branches of Chinese banks in Britain.

The Chinese premier also urged the two countries to strengthen cooperation in such areas as scientific innovation, green economy, medicine and aviation.

Li applauded measures adopted by Britain to simplify visa application procedure for Chinese visitors.

Cameron, for his part, said bilateral cooperation has borne rich fruits since the two countries forged a strategic partnership a decade ago.

He said Britain attaches great importance to its relationship with China and is willing to have sincere dialogues with China and deepen cooperation in the fields of economy and trade, finance, education, science, nuclear power and high-speed railway.

The British prime minister added that Britain welcomes more Chinese companies to invest in Britain and more Chinese students to study here.

On global and regional affairs, Li noted that both China and Britain are firm guards of world peace and regional stability, calling on the two countries to strengthen communication and cooperation in international and regional affairs.

Cameron said China and Britain are indispensable partners in dealing with international issues.

Britain pursues a policy of open and free trade and investment, and is ready to promote the negotiations on the Europe-China investment agreement, and the construction of the Europe-China free trade zone.

Li and Cameron witnessed the signing of a series of bilateral cooperation documents after their meeting.

The Chinese premier arrived here on Monday for an official visit. Britain is the first leg of his two-nation trip to Europe, which will also take him to Greece.



Monday, Sep 29, 2014 12:36 am


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