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Pak Sahafat – The largest British trade delegation to participate in the China International Market for Trade Services (CIFTIS) will travel to China after 4 years with the presence of 60 British companies and institutions for dialogue and cooperation.
According to the report of Pak Sahafat News Agency from Global Times on Wednesday, in a statement published by the British Embassy in Beijing, it is stated that more than 70 events will be held in this exhibition so that Britain and China can increase and accelerate cooperation and business partnership with each other.
An official from the Ministry of Trade and Commerce will be at the head of this English delegation, and this is the largest English delegation that will travel to China in the last 4 years.
Tom Duke, head of trade and business in China, said in a statement: “As China continues to develop and improve, more people value services where the UK excels. Whether these are financial services, such as retirement and insurance services, or healthcare and environmental services that aim to improve the quality of life. We see great potential in UK-China cooperation. »
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According to the British Office of National Statistics, in 2022, British services exported to China increased by 7.2% year-on-year and reached 670 million pounds, equivalent to 845 million dollars.
The import of British services from China has also reached 800 million pounds with an increase of 34.6%.
From 1997 to 2020, UK-China trade in services grew at an average annual rate of 12.2%.
Experts believe that the conditions for maintaining normal bilateral relations need to be improved, because some British politicians have tied themselves to the American chariot for being anti-Chinese.
British Foreign Minister James Cleverly will visit Beijing today, and according to experts, this trip will help to improve bilateral relations between China and the UK.