27th November 2023 – (Beijing) Chinese Vice Premier He Lifeng met with Sir Sherard Cowper-Coles, the Chair of the China-Britain Business Council (CBBC), and his delegation on Monday during their visit to Beijing for the inaugural China International Supply Chain Expo. The meeting focused on discussions surrounding economic and trade cooperation between China and Britain, as well as international collaboration on industrial and supply chains.
As a member of the Political Bureau of the Communist Party of China Central Committee, Vice Premier He emphasised China’s commitment to opening up for development and its unwavering promotion of high-level openness. He expressed his hope that the CBBC would leverage its strengths and further enhance economic and trade exchanges and cooperation between China and Britain.
The meeting was attended by representatives from CBBC member companies, including HSBC, Standard Chartered, and Astrazeneca.
This meeting signifies the ongoing efforts to strengthen economic ties and deepen collaboration between China and Britain. Both countries recognize the importance of fostering robust trade relationships and maximizing opportunities in the global supply chain landscape.
The CBBC plays a vital role in facilitating business interactions and promoting bilateral trade between China and Britain. With the participation of prominent companies such as HSBC, Standard Chartered, and AstraZeneca, the council serves as a platform for enhancing economic cooperation and exploring new avenues of partnership.
China’s commitment to opening up its markets presents significant opportunities for British businesses. The country’s continuous efforts to create a favourable environment for foreign investment and trade provide a solid foundation for deepening economic engagement between China and Britain.
Through initiatives like the China International Supply Chain Expo, China aims to foster international cooperation on industrial and supply chains. By promoting dialogue and collaboration, China seeks to strengthen global supply chain resilience and facilitate the efficient flow of goods and services.
The meeting between Vice Premier He Lifeng and the CBBC delegation highlights the mutual commitment to strengthening economic and trade ties between China and Britain. As both countries navigate the evolving global economic landscape, sustained cooperation and collaboration are vital for harnessing the full potential of their bilateral relationship.