China, UK reach 69 win-win outcomes at economic and financial dialogue

Share this post:


<img src='https://news.cgtn.com/news/2025-01-13/China-UK-reach-69-win-win-outcomes-at-economic-and-financial-dialogue-1A8mRlhh1W8/img/a2bb495c84534ee8814741583275010f/a2bb495c84534ee8814741583275010f.png' alt='Chinese Vice Premier He Lifeng and British Chancellor of the Exchequer Rachel Reeves, serving as the lead persons of the 11th China-UK Economic and Financial Dialogue, co-chair the dialogue in Beijing, capital of China, January 11, 2025. /Xinhua'

China and the United Kingdom pledged to build an open world economy during their latest round of economic and financial dialogue, a Chinese Foreign Ministry spokesperson said on Monday.

“The two sides reached 69 win-win outcomes,” spokesperson Guo Jiakun said at a regular news briefing.

The 11th China-UK Economic and Financial Dialogue was co-chaired by Chinese Vice Premier He Lifeng and British Chancellor of the Exchequer Rachel Reeves in Beijing on Saturday.

During the dialogue, the two sides reached a series of mutually beneficial outcomes and consensus. He and Reeves also attended the fourth China-UK Financial Services Summit.

At Monday’s briefing, Guo said the two sides expressed their common willingness to uphold multilateralism and economic globalization, and their commitment to upholding the rules-based multilateral trading system with the World Trade Organization at its core, and to building an open world economy.

The two sides believe that China-UK cooperation is conducive to the development of both countries, agreeing to work together to maintain secure, stable and smooth global production and supply chains, oppose decoupling, and reduce barriers to two-way investment and promote a non-discriminatory and open business environment, Guo said.

He said the two sides reached a consensus on industry, agriculture and energy cooperation.

They also stressed that finance is a highlight of China-UK cooperation and expressed their willingness to strengthen cooperation on financial policies and financial regulation, and to achieve practical outcomes on two-way opening and connectivity of financial markets, Guo added.

The outcomes of the dialogue, reflecting the breadth and depth of China-UK economic and financial cooperation, are beneficial to the two countries and the world, Guo said, adding that China is ready to work with the UK to deliver the outcomes.

(With input from Xinhua)

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *