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Chinese VP meets UK chancellor of exchequer

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China

Chinese VP meets UK chancellor of exchequer

2025-01-11 19:46 Last Updated At:23:37

Chinese Vice President Han Zheng on Saturday met with British Chancellor of the Exchequer Rachel Reeves, who is in Beijing for the 11th China-UK Economic and Financial Dialog.

Noting that China attaches great importance to developing relations with Britain, Han pointed out that the resumption of the China-UK Economic and Financial Dialog is a concrete action to implement the important consensus reached between President Xi Jinping and British Prime Minister Keir Starmer during their meeting in November 2024.

China and Britain are both major economies and financial heavyweights in the world, Han said, pointing out that strengthening economic and financial cooperation in the spirit of strategic partnership is of great significance to promoting economic growth, improving people's life and encouraging green development in these two countries.

It will also inject confidence and impetus into the development of the world economy, Han added.

China is willing to continue to expand openness and exchanges with Britain, enhance mutual understanding and trust, and deepen mutually beneficial cooperation to bring more benefits to the two countries and the world, said Han.

Reeves said the resumption of this dialog after nearly six years is of great significance.

The British side attaches importance to developing relations with China and is willing to strengthen candid dialog and mutually beneficial cooperation with China to promote the economic development of each country, she added.

Chinese VP meets UK chancellor of exchequer

Chinese VP meets UK chancellor of exchequer

Chinese VP meets UK chancellor of exchequer

Chinese VP meets UK chancellor of exchequer

Officials and exhibitors from Canada on Monday hailed the important role of the China International Consumer Products Expo (CICPE) in promoting international trade, saying it serves as a great platform for Canadian authorities and businesses to better understand Chinese consumers and market trends.

Canada is the Guest Country of Honor at the CICPE 2026, or the six CICPE.

The event, held in Haikou City of south China's tropical island province of Hainan from April 13-18, served as a key gateway for around 40 Canadian companies to access China's vast consumer market, with exhibitors showcasing a diverse range of products from premium cosmetics and health products to agriculture and pet food.

RJ Sigurdson, Minister of Agriculture and Irrigation of western Canada's Alberta province, said the expo helped him to understand the current market trends.

"It's really important for me to see what the market trends are here and to be able to maximize on those market trends. We're here to be able to have those conversations and see how we can be a better trading partner, and how we're going to be able to flow our high quality agricultural commodities into this country," said the minister.

Ji Hualei, a Canadian exhibitor who is launching a new wearable device at the expo, expressed his confidence in China's market potential.

"We have observed a clear shift of Chinese consumers' focus from one specific function of products to healthiness and sustainability. The CICPE provides an excellent platform for showcasing and launching our new products, and I think Hainan's zero-tariff policy will also offering us great resources," said the exhibitor.

Attending an event at the Canada Pavilion, Canada's Minister of International Trade Maninder Sidhu said more efforts will be made to boost trade and exchanges between his country and China.

"Very important for us to be at the show. As the Chinese consumer market grows, we're exploring more options to get more flights between China and Canada to build more people to people ties, and more tourism between the two countries," said Sidhu.

This year's CICPE is the first national-level consumer expo since the launch of island-wide special customs operation in the Hainan Free Trade Port in December 2025, drawing participation of more than 3,400 brands from over 60 countries and regions.

Since its launch in 2021, the expo has become an important platform for multinationals to stay abreast of consumer trends in China's vast market, with over 3,800 enterprises and more than 12,000 brands from 92 countries and regions participating over the past five editions.

Canadian officials, exhibitors hail role of Hainan consumer products expo in trade promotion

Canadian officials, exhibitors hail role of Hainan consumer products expo in trade promotion

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