| The bilateral trade will meet $60bn by 2010 |
|
| Wednesday,January 23,2008 Posted: 17:48 BJT(0948 GMT) |
| From:英国商务处 Article type:Translated |
China and the United Kingdom had agreed to target 60 billion U.S. dollars worth of annual bilateral trade by 2010. The target was set by Chinese Premier Wen Jiabao and British Prime Minister Gordon Brown, who arrived Beijing on 18 January for an official visit.
The revised target was among several consensuses reached during the meeting between Wen and Brown. Others include the involvement of vice premiers in the current vice-ministerial bilateral financial dialogue, as well as cooperation on climate change, health care innovation, sustainable cities and hosting the 2012 Olympic Games.
“The Chinese side highly praises the UK’s free trade and anti-trade protectionism stance. Both sides believe in the broad prospects of future bilateral trade and agreed to strengthen cooperation in the service and technology sectors in bilateral trade and explore new areas for cross investment,” according to a press release from the China-UK Business summit held in Bejing.
Bilateral trade stood at 39.44 billion dollars in 2007, or about 11.7 percent of the total trade of the European Union with China, which was 356.15 billion dollars. The EU was China’s largest trading partner. The two sides signed eight agreements worth nearly 800 million dollars to cooperate in areas ranging from education to energy.
(Source: Xinhua)
|
Exhibition Info
