Chinese Vice President Meets UK Chancellor to Revive Economic Dialogue
Key talks in Beijing mark the resumption of China-UK Economic and Financial Dialogue after a six-year hiatus.
In an effort to rejuvenate bilateral economic ties, Chinese Vice President Han Zheng met with British Chancellor of the Exchequer Rachel Reeves in Beijing on January 11, 2025. The meeting marked a significant moment as it heralded the resumption of the China-UK Economic and Financial Dialogue, which had been dormant for nearly six years.
During the discussions, Han Zheng emphasized the importance of strengthening economic and financial cooperation between the two countries.
As formidable players in the global economy, both China and the UK stand to benefit from a strategic partnership aimed at boosting economic growth, enhancing people's livelihoods, and fostering sustainable environmental practices.
'This partnership can provide a vital boost and instill confidence in the world economy,' Han stated, underscoring the potential global ramifications of this renewed dialogue.
Han reiterated China's willingness to expand openness and forge stronger ties with the UK. 'Enhancing mutual understanding and trust is pivotal,' he noted, affirming China's commitment to deepening mutual cooperation for the benefit of both nations and the broader international community.
Rachel Reeves expressed the British government's enthusiasm for rebuilding relations with China.
She highlighted the pivotal timing of this renewed dialogue, recognizing the importance of such discussions in propelling the economic prosperity of both countries.
Reeves advocated for a candid dialogue and emphasized mutually beneficial cooperation as cornerstones for ongoing partnership.
The 11th China-UK Economic and Financial Dialogue provides an essential platform for both nations to engage on pivotal issues.
As both countries navigate the complexities of modern economic challenges, this dialogue could potentially influence their respective strategies in addressing global financial and environmental concerns.
During the discussions, Han Zheng emphasized the importance of strengthening economic and financial cooperation between the two countries.
As formidable players in the global economy, both China and the UK stand to benefit from a strategic partnership aimed at boosting economic growth, enhancing people's livelihoods, and fostering sustainable environmental practices.
'This partnership can provide a vital boost and instill confidence in the world economy,' Han stated, underscoring the potential global ramifications of this renewed dialogue.
Han reiterated China's willingness to expand openness and forge stronger ties with the UK. 'Enhancing mutual understanding and trust is pivotal,' he noted, affirming China's commitment to deepening mutual cooperation for the benefit of both nations and the broader international community.
Rachel Reeves expressed the British government's enthusiasm for rebuilding relations with China.
She highlighted the pivotal timing of this renewed dialogue, recognizing the importance of such discussions in propelling the economic prosperity of both countries.
Reeves advocated for a candid dialogue and emphasized mutually beneficial cooperation as cornerstones for ongoing partnership.
The 11th China-UK Economic and Financial Dialogue provides an essential platform for both nations to engage on pivotal issues.
As both countries navigate the complexities of modern economic challenges, this dialogue could potentially influence their respective strategies in addressing global financial and environmental concerns.
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