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propelling the internationalization of the

 
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PostWysłany: Sro Wrz 05, 2018 07:51    Temat postu: propelling the internationalization of the Odpowiedz z cytatem

BEIJING Vernon Butler Jersey , Feb. 1 (Xinhua) -- British Prime Minister Theresa May's visit to China, the first since she took office in 2016, will bring new shine to the "Golden Era" for both countries.


It marks the first trip to China by a British prime minister since Chinese President Xi Jinping's tour to Britain in 2015 when both sides sealed the China-UK "Golden Era."


The three-day visit, which ends Friday, is expected to yield "golden fruit." A dozen deals worth about 9 billion pounds (about 12.8 billion U.S. dollars) are expected to be signed in areas including Belt and Road construction Marquis Haynes Jersey , finance, innovation, agriculture, and technology.


The China-UK relationship has long been considered a good example for ties between China and Western countries in terms of seeking common ground while respecting differences.


The United Kingdom was the first major Western country to join the China-proposed Asian Infrastructure Investment Bank as a founding member.


Britain is China's second largest trading partner within the European Union (EU) and China is Britain's second largest non-EU trading partner.


Trade volume between the two countries hit 79 billion U.S. dollars in 2017, up nearly 6.2 percent from the previous year Ian Thomas Jersey , with British exports to China increasing by 19.4 percent.


Now, both China and Britain stand at the entrance to a new era. The 19th National Congress of the Communist Party of China marked the beginning of a new era for socialism with Chinese characteristics. In the UK, amid critical Brexit negotiations, a new era for "Global Britain" is also being unveiled.


Hence the upgraded "Golden Era" for China-UK ties is of vital importance for both sides to create a shared future and forge a closer global partnership in the post-Brexit era.


The China-proposed Belt and Road Initiative offers huge potential for China-UK cooperation in the new era. It provides opportunities in logistics and infrastructure construction, and stimulates supply on both sides.


In a bid to support the involvement of British businesses in the initiative Rashaan Gaulden Jersey , the British government recently pledged up to an equivalent of 35.61 billion U.S. dollars in financial support for companies participating in the Belt and Road projects in Asia.


More opportunities, especially in areas including infrastructure, the internationalization of Chinese currency RMB, green finance, and technological innovation Devin Funchess Panthers Jersey , will emerge as a post-Brexit Britain seeks to build global partnerships while sticking to free trade and an open economy.


China and the UK can also enhance their cooperation in global governance, climate change, sustainable development, and fighting terrorism as the post-Brexit United Kingdom will attach more importance to its role in global institutions such as the United Nations and G20.


As both are committed to free trade and globalization, the two countries are set to forge an enhanced version of the "Golden Era" in bilateral relations.


ULAN BATOR Shaq Thompson Panthers Jersey , Feb. 2 (Xinhua) -- Mongolian Foreign Minister Damdin Tsogtbaatar will visit the Democratic People's Republic of Korea (DPRK) on Feb. 3-6 to boost ties, the Mongolian Ministry of Foreign Affairs said Thursday.


Tsogtbaatar will pay courtesy calls on Kim Yong-nam, president of the Presidium of the Supreme People's Assembly of the DPRK, and other senior officials as well as hold official talks with his DPRK counterpart Ri Yong-ho.


This year marks the 70th anniversary of the establishment of diplomatic relations between Mongolia and the DPRK.


Trade between the two countries increased by 43 percent to reach 2.29 million U.S. dollars last year, according to DPRK official statistics.




LONDON James Bradberry Panthers Jersey , Aug. 30 (Xinhua) -- Chinese investment offers "a greatopportunity" for both China and London as uncertainties remain overnegotiations on Brexit, senior officials of the City of London saidTuesday.


"We welcome investment from around the world and certainly wewelcome all the Chinese investors," said Gwyn Richards, the head ofdesign and assistant director of Built Environment, toldXinhua.


In a signed article on the Evening Standard last week Daeshon Hall Panthers Jersey , ChineseAmbassador to Britain Liu Xiaoming said the investment from hiscountry to Britain is mutually beneficial and win-win for bothsides, rebuffing the investment threat allegation.


Liu said that recent British media reports on the so-calledthreats of Chinese investment to British national security is aconfusing mixture of paranoia and exaggerations about China'sappetite to buy out Britain.


"That's certainly not the City's position," said Richards, "Wewelcome all the Chinese investors coming to us knocking on ourdoor. Certainly we do not see it as a threat. We see it as a greatopportunity for both the City and China." The City of London, aleading international financial and business services center Taylor Moton Panthers Jersey ,contributes 14 percent of London's GDP and over 3 percent ofBritish GDP.


Sherry Madera, the City of London special advisor for Asia saidChina is an important marketplace considering how it is expandinginternationally.


If London strives to be a global financial center in the contextof Brexit, it needs to taking care of its investments seriously,Madera said.


"As evidence to that, Chinese financial investors are some ofour key stake holders Curtis Samuel Panthers Jersey ," said Madera.


The Asia advisor said cooperation with a diverse country likeChina could focus on a few "Tops" -- green finance, theinternationalization of renminbi (RMB), and cooperation to create alegal system for contract possibly along the Belt and Road.


The British government from 2010 onwards has played an activerole in promoting London's financial capabilities to China, one ofwhich was in propelling the internationalization of the Chinesecurrency RMB.


The advisor proposed a "2.0 next generation RMB initiative" inan effor. Cheap Jerseys China Cheap Authentic Jerseys Cheap NFL Jerseys Cheap NFL Jerseys Cheap Sports Jerseys Wholesale Jerseys China Cheap Jerseys China Online Cheap Wholesale Jerseys Cheap Sports Jerseys Cheap Authentic Sports Jerseys
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