The 3rd UK-China Business Leaders Summit is set to be a pivotal event for fostering international cooperation and economic growth. Chinese Ambassador to the United Kingdom, Zheng Zeguang, delivered a compelling keynote speech, urging businesses to explore mutual benefits and collaborative opportunities.
Ambassador Zheng emphasized that Sino-British economic and trade cooperation aligns with the fundamental interests of both nations. \"China's economy is open and inclusive, and we will continue to reduce the negative list for foreign investment. After having already removed restrictions in the manufacturing and financial sectors, we will further relax restrictions in the medical and telecommunications service industries as well,\" he stated.
Highlighting China's strength in the new energy sector, Zheng pointed out that the country's competitiveness is driven by technological advancements, innovative industrial models, and economies of scale rather than government support. \"China's manufacturing capacity meets global demand for green energy products, helping countries combat inflation, accelerate the transition to green energy, and address challenges posed by climate change,\" he added.
The ambassador also expressed China's willingness to share opportunities and provide a conducive environment for global entrepreneurs. This collaborative spirit is expected to enhance cross-border investments and technological exchanges.
Organized by the UK Chinese Business Association, the summit runs from May 27 to 29 under the theme of illuminating new opportunities for both UK and Chinese businesses. Participants will engage in discussions and networking sessions aimed at unlocking new avenues for partnership and innovation.
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Businesses urged to explore cooperation at UK-China business summit
cgtn.com
