UK trade secretary hosts Chinese delegation to boost services exports

Britain's Trade Secretary, Peter Kyle, is hosting a Chinese delegation in London to foster increased services exports to China. The 15th UK-China Joint Economic and Trade Commission meeting, held at Mansion House, will also launch a "trade booster" initiative. This program is designed to assist British companies looking to expand their presence in the Chinese market.

Companies like Brompton Bikes and HSBC are attending from the UK side, while China will be represented by firms such as JD.com and ICBC bank. Kyle highlighted Britain's position as a "services superpower," expressing a desire to "turbocharge" services exports and facilitate the expansion of British engineers, architects, and accountants into China.

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The UK is a services superpower, and I want us to turbocharge our services exports and get more British engineers, architects, and accountants exporting their skills to China.

"We need to be even more ambitious to promote secure and resilient growth for the next generation amidst a backdrop of global uncertainty," Kyle stated. The visit underscores efforts to deepen economic ties and capitalize on the UK's expertise in the services sector.

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We need to be even more ambitious to promote secure and resilient growth for the next generation amidst a backdrop of global uncertainty.