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British Foreign Secretary meets with Chinese Vice-Premier

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London, Jan 12 (KATAKAMI / FCO.GOV.UK) — Foreign Secretary William Hague met Chinese Vice-Premier Li Keqiang Tuesday evening as part of the Vice-Premier’s four day visit to the UK.

“It was a great pleasure to have welcomed Vice-Premier Li Keqiang to the UK following the Prime Minister’s invitation last year. Our discussions covered the full range of our interests, including trade and investment, the G20, Iran and DPRK. We also discussed human rights.

“This is an important time in the UK’s relationship with China. I am delighted that the Vice-Premier has had the opportunity to see first-hand the UK’s cutting-edge achievements in renewable energy technologies, low carbon solutions, and financial services.  I see this visit as another important step in cementing the UK and China as “Partners for Growth” and continuing to build our trade and investment relationship.”

Earlier in the visit Deputy Prime Minister Nick Clegg held bilateral talks with Vice-Premier Li and attended a signing ceremony where the two countries signed agreements with an estimated value of £2.6 billion.

Co-operation on conservation and culture were also on the agenda, with China agreeing to gift a breeding pair of giant pandas to Edinburgh Zoo for ten years.

 
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Posted by on January 12, 2011 in World News

 

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British Deputy PM welcomes £2.6bn agreements between UK and China

Chinese Vice-Premier Li Keqiang

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London, Jan 11 (KATAKAMI / DPM.CabinetOffice.Gov.UK) — Deputy Prime Minister Nick Clegg has welcomed Chinese Vice-Premier Li Keqiang to London following his visit to Edinburgh yesterday.

Official talks took place at Lancaster House, after which the Deputy PM and Vice Premier Li witnessed the signing of agreements with an estimated value of £2.6 billion, which will further strengthen ties with China.

The talks covered global issues including international security and climate change in which the UK and China work closely together.

Co-operation on conservation and culture were also on the agenda, with China agreeing to gift a breeding pair of giant pandas to Edinburgh Zoo for ten years. The arrival of Tian Tian and Yuangguang will boost research, conservation and tourism in Scotland and the UK.

Britain's Deputy Prime Minister Nick Clegg (standing 7th, L) speaks with China's Vice Premier Li Keqiang during a trade signing ceremony at Lancaster House on January 10, 2011 in London, Enlgand. Mr Li, who is widely tipped to become Chinese Premier next year, has already visited Germany and France during his European visit to strengthen business links. Mr Li and a delegation of 150 business and political representatives are also due to hold talks with the Chancellor of the Exchequer George Osborne and Deputy Prime Minister Nick Clegg later today. (Photo by Paul Hackett - WPA Pool/Getty Images)

Mr Clegg said:

It is a pleasure to welcome Vice-Premier Li and the accompanying Chinese delegation to the UK. We had successful talks covering a range of issues, and we witnessed the signing of a number of agreements, including commercial deals with an estimated contract value of at least £2.6 billion.

“This week’s visits, and the agreements we have seen today, follow the Prime Minister’s successful delegation to China in November, demonstrating the momentum we are building together towards even stronger relations. The kind gift of a loan of a breeding pair of giant pandas, Tian Tian and Yuangguang, is a sign that we can co-operate closely on a broad range of environmental and cultural issues, as well as commerce.

“Together, today’s deals will safeguard 700 jobs in the UK and are estimated to have the potential to create many more.”

Agreements signed today include a commitment by Jaguar Land Rover to increase sales to China. Jaguar Land Rover Chief Executive Officer Dr Ralf Speth, who attended the ceremony said:

This commitment to sales in China in 2011 of some 40,000 Jaguar and Land Rover vehicles with a value in excess of £1 billion not only signals the acceleration of our growth plans but also reflects both the importance of the Chinese market to Jaguar Land Rover and our value to the UK economy.

BP and the China National Offshore Oil Corporation signed an agreement on deepwater exploration in the South China Sea.

The China National Petroleum Company and INEOS signed two agreements today. INEOS Chairman Jim Ratcliffe said:

We look forward to the success of this joint venture with the China National Petroleum Company. The agreement will further investment in our refineries, in France and the UK, ensuring their competitiveness in European markets, and securing jobs and skills in the UK and France. It will be hugely beneficial. Here in the UK, its success at our Grangemouth site will directly support 1,400 jobs at the site and indirectly around 7,000 jobs in central Scotland. We also look forward to mutual benefit in China through our agreement on technology sharing.

List of agreements

The full list of agreements signed today is as follows:

An agreement was signed on the terms of cooperation in the protection of and research into Giant Pandas between the Royal Zoological Society of Scotland (RZSS) and the China Wildlife Conservation Association (CWCA).

The Department for Energy and Climate Change (DECC) and the National Development and Reform Commission (NDRC) signed a memorandum of understanding on co-operation on low carbon.

The Office of Fair Trading (OFT) and the NDRC signed a memorandum of understanding on co-operation.

UK Trade & Investment (UKTI) and the China Development Bank (CDB) signed a memorandum of understanding on co-operation.

BP and the China National Offshore Oil Corporation (CNOOC) signed an agreement.

INEOS Group and the China National Petroleum Corporation (CNPC) signed a framework agreement.

INEOS Group and China National Petroleum Corporation (CNPC) signed a strategic partnership deal.

Jaguar Land Rover and Jaguar Land Rover Automotive Trading (Shanghai) signed a letter of intent.

The China-Britain Business Council (CBBC) and the China Chamber of Commerce for the Import and Export of Machinery and Electronic Products (CCCME) signed a memorandum of understanding on co-operation.

Zodiac Maritime Agencies Ltd. and the Export and Import Bank of China signed an agreement.

The China Development Bank and HSBC signed a memorandum of understanding.

The China-Britain Business Council (CBBC), Beijing International Brand Management Centre and Beijing Chaoyang District signed a memorandum of understanding.

A cooperation agreement was signed between China Nonferrous Metals International Mining (CNMIM) and Kryso Resources plc (UK).

Soho Data Holdings Company Ltd and Xiking Culture Centre Media Beijing Company Ltd signed an investment agreement for the Soho Data Centre project.

Shanghai Haobo Chair (UK) Company signed an agreement to buy a 45% equity stake in ES UK Group.  (*)

 
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Posted by on January 11, 2011 in World News

 

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British PM David Cameron welcomes Chinese Vice-Premier to Number 10

China's Vice Premier Li Keqiang (2nd, R) attends a round table discussion with Britain's Prime Minister David Cameron (L) at Downing Street on January 10, 2011 in London. Mr Li, who is widely tipped to become Chinese Premier next year, has already visited Germany and France during his European visit to strengthen business links. Mr Li and a delegation of 150 business and political representatives are also due to hold talks with the Chancellor of the Exchequer George Osborne and Deputy Prime Minister Nick Clegg later today. (Photo by Kirsty Wigglesworth - WPA Pool/Getty Images)

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London, Jan 10 (KATAKAMI / NUMBER10.GOV.UK) — Prime Minister David Cameron has welcomed Chinese Vice-Premier Li Keqiang to Number 10 as part of a four-day visit to the UK.

The PM said the Vice-Premier’s visit would “build on the momentum” from his trip to Beijing last year and offered a real opportunity for Britain in terms of trade, jobs and economic growth.

Earlier today, Deputy PM Nick Cleggheld bilateral talks with Vice-Premier Li and attended a signing ceremony at Lancaster House where the two countries signed agreements with an estimated value of £2.6 billion.

Mr Clegg said that the agreements signed by British and Chinese companies would safeguard 700 jobs in the UK, with the potential to create many more.

Other agreements included cooperation in the protection of and research into Giant Pandas between the Royal Zoological Society of Scotland (RZSS) and the China Wildlife Conservation Association (CWCA) which will see the loan of a pair of giant pandas to Edinburgh Zoo. (*)

 

 
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Trade deals and pandas after Britain-China talks

A photo provided by Adelaide Zoo shows a panda. Britain and China have signed trade deals worth £2.6 billion pounds and announced Beijing will loan a pair of pandas to Edinburgh Zoo for 10 years. (Adelaide Zoo/File/Dave Mattner)

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LONDON, Jan 11 (KATAKAMI / AFP) – Britain and China have signed trade deals worth £2.6 billion and announced Beijing will loan a pair of giant pandas to Edinburgh Zoo for 10 years.

The agreements were inked during talks in London between Chinese Vice Premier Li Keqiang and Deputy Prime Minister Nick Clegg.

Britain has rolled out the red carpet for Li, who is widely tipped to become Chinese premier next year, as it scrambles to catch up with European rivals Germany and France in landing business deals with booming China.

On the second day of his visit to Britain on Monday, Li also held talks with Prime Minister David Cameron.

On Tuesday he will receive a royal welcome from Prince Andrew, the Duke of York, and will make a speech at a banquet organised by the British Council.

The trade agreements include a commitment by Jaguar Land Rover to increase sales of vehicles in China to the 40,000 mark this year in a deal which the automaker said was worth £1bln.

“We had successful talks covering a range of issues, and we witnessed the signing of a number of agreements, including commercial deals with an estimated contract value of at least 2.6 billion pounds,” Clegg said.

In other deals, BP and the China National Offshore Oil Corporation signed an agreement on deepwater exploration in the South China Sea.

China's Vice Premier Li Keqiang, right, listens to Britain's Deputy Prime Minister Nick Clegg at Lancaster House in London, Monday Jan. 10, 2011. Vice Premier Li Keqiang met with Deputy Prime Minister Nick Clegg to sign commercial deals worth at least 2.6 billion pounds ($4 billion) - but the business dealings were overshadowed by a deal to loan pandas. Li oversaw an agreement to bring a breeding pair of pandas to Edinburgh Zoo, Scotland, on a 10-year loan. Seven-year-old male Yangguang and female Tian Tian - which translate as "Sunshine" and "Sweetie" - are expected to arrive in the coming year from China's Wulong Panda Research Institute. (AP Photo/Paul Hackett, pool)

Petro-chemical group INEOS agreed to work more closely with China National Petroleum Corporation, which the British company said would lead to increased investment in its refineries in Britain and France.

The talks also covered international security and climate change “in which the UK and China work closely together”, a British government statement said.

It was also announced that China will loan a breeding pair of giant pandas — named Tian Tian and Yuangguang, which translates to Sweetie and Sunshine — to Edinburgh Zoo in Scotland for 10 years.

The pair, born in 2003, will be the first pandas in Britain for 17 years and the move “will boost research, conservation and tourism in Scotland and the UK”, the statement said.

The project is the result of five years of high-level political and diplomatic negotiation.

“Pandas are a Chinese national treasure. This historical agreement is a gift to the people of the UK from China,” said Chinese ambassador Liu Xiaoming.

“It will represent an important symbol of our friendship and will bring our two people closer together.”

Li has already visited Spain and Germany on his European visit, accompanied by a 150-strong business and political delegation.

Writing in the Financial Times on Monday, he said the world should not fear a rapidly growing China.

China’s development benefits other countries,” Li wrote. “We welcome the entry into our market of competitive goods and services from around the world, and will provide a fair and even more transparent environment for foreign investors.”

Li added that “reform and opening-up are the driving forces behind our development”, but warned that “China’s development will not be possible without the world — and world development needs China”.

The visit follows Cameron’s trip to China in November, when he was the first Western leader to visit the country since the Nobel Peace Prize was awarded to jailed Chinese dissident Liu Xiaobo.

While he did not publicly confront Chinese leaders over human rights, Cameron used a speech to university students to call for “greater political opening” as the Chinese economy surges forward.

Deputy premier Clegg has insisted that “no subject will be off limits” during the talks in the four-day British visit.

Cameron’s Beijing visit produced deals worth around one billion pounds to British companies. In contrast, Chinese President Hu Jintao’s visit to France in November yielded 20 billion dollars of contracts.  (*)

 
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Posted by on January 11, 2011 in World News

 

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Photostream : Chinese Vice Premier Li Keqiang meets British Leaders

China's Vice Premier Li Keqiang (2nd, R) attends a round table discussion with Britain's Prime Minister David Cameron (L) at Downing Street on January 10, 2011 in London. Mr Li, who is widely tipped to become Chinese Premier next year, has already visited Germany and France during his European visit to strengthen business links. Mr Li and a delegation of 150 business and political representatives are also due to hold talks with the Chancellor of the Exchequer George Osborne and Deputy Prime Minister Nick Clegg later today. (Photo by Kirsty Wigglesworth - WPA Pool/Getty Images)

Britain's Prime Minister David Cameron (L) attends a round table discussion with China's Vice Premier Li Keqiang (not pictured) at Downing Street on January 10, 2011 in London. Mr Li, who is widely tipped to become Chinese Premier next year, has already visited Germany and France during his European visit to strengthen business links. Mr Li and a delegation of 150 business and political representatives are also due to hold talks with the Chancellor of the Exchequer George Osborne and Deputy Prime Minister Nick Clegg later today. (Photo by Kirsty Wigglesworth - WPA Pool/Getty Images)

China's Vice Premier Li Keqiang (R) attends a round table discussion with Britain's Prime Minister David Cameron (not pictured) at Downing Street on January 10, 2011 in London. Mr Li, who is widely tipped to become Chinese Premier next year, has already visited Germany and France during his European visit to strengthen business links. Mr Li and a delegation of 150 business and political representatives are also due to hold talks with the Chancellor of the Exchequer George Osborne and Deputy Prime Minister Nick Clegg later today. (Photo by Kirsty Wigglesworth - WPA Pool/Getty Images)

Chinese Vice Premier Li Keqiang leaves following a meeting with British Prime Minister David Cameron (not pictured) in 10 Downing Street in central London, on January 10, 2011. Britain and China signed trade deals worth 2.6 billion pounds (four billion dollars, 3.1 billion euros) on Monday and announced Beijing will loan a pair of pandas to a zoo in Scotland for 10 years. The deals were signed during talks in London between Chinese Vice Premier Li Keqiang and British Deputy Prime Minister Nick Clegg. AFP PHOTO/LEON NEAL (Photo credit should read LEON NEAL/AFP/Getty Images)

China's Vice Premier Li Keqiang (L) walks with Britain's Deputy Prime Minister, Nick Clegg (R), during a visit to Lancaster House on January 10, 2011 in London. Mr Li, who is widely tipped to become Chinese Premier next year, has already visited Germany and France during his European visit to strengthen business links. Mr Li and a delegation of 150 business and political representatives are also due to hold talks with the Chancellor of the Exchequer George Osborne and Deputy Prime Minister Nick Clegg later today. (Photo by Paul Hackett - WPA Pool/Getty Images)

China's Vice Premier Li Keqiang (L) shakes hands with Britain's Deputy Prime Minister Nick Clegg at Lancaster House in London January 10, 2011. REUTERS/Paul Hackett

Britain's Deputy Prime Minister Nick Clegg (standing 7th, L) speaks with China's Vice Premier Li Keqiang during a trade signing ceremony at Lancaster House on January 10, 2011 in London, Enlgand. Mr Li, who is widely tipped to become Chinese Premier next year, has already visited Germany and France during his European visit to strengthen business links. Mr Li and a delegation of 150 business and political representatives are also due to hold talks with the Chancellor of the Exchequer George Osborne and Deputy Prime Minister Nick Clegg later today. (Photo by Paul Hackett - WPA Pool/Getty Images)

Chinese Vice Premier Li Keqiang (L) shakes hands with Chancellor of the Exchequer George Osborne before a meeting at Mansion House in central London, on January 10, 2011. Britain and China signed trade deals worth 2.6 billion pounds (four billion dollars, 3.1 billion euros) Monday and announced Beijing will loan a pair of giant pandas to Edinburgh Zoo for 10 years. The agreements were inked during talks in London between Chinese Vice Premier Li Keqiang and British Deputy Prime Minister Nick Clegg. AFP PHOTO/LEON NEAL/POOL (Photo credit should read LEON NEAL/AFP/Getty Images)

 
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