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Enhanced China-UK cooperation conducive to world economic growth: spokesman

China

Enhanced China-UK cooperation conducive to world economic growth: spokesman
China

China

Enhanced China-UK cooperation conducive to world economic growth: spokesman

2025-05-14 16:58 Last Updated At:23:27

Enhanced contacts and cooperation between China and the UK will not only be conducive to promoting respective development of the two countries, but also help to promote world economic growth and address global challenges, said Lin Jian, spokesman of the Ministry of Foreign Affairs, at a regular briefing in Beijing on Wednesday.

On the China-UK economic relationship, Lin said the ties between the two countries carry significance beyond the bilateral scope.

"China and the UK are permanent members of the UN Security Council and the world’s major economies. The significance of China-UK relations go beyond the bilateral scope. During their meeting on the sidelines of the G20 summit last year, President Xi Jinping and Prime Minister Keir Starmer reached important common understandings on further advancing bilateral ties. Closer engagement and cooperation between the two countries is conducive to the two countries’ respective prosperity and to global economic growth, response to global challenges, and more stability and certainty in today’s world,” said Lin.

"China stands ready to work with the UK in the spirit of mutual respect, properly handle differences, embrace openness and cooperation, and expand exchanges and mutual learning to open the next chapter of a sound and stable China-UK relationship," he said.

Commenting on the UK's trade deals with countries like India and the U.S., Lin noted that cooperation between countries should not target or harm any third party.

Enhanced China-UK cooperation conducive to world economic growth: spokesman

Enhanced China-UK cooperation conducive to world economic growth: spokesman

Enhanced China-UK cooperation conducive to world economic growth: spokesman

Enhanced China-UK cooperation conducive to world economic growth: spokesman

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 20 pips to 7.0108 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Chinese yuan strengthens to 7.0108 against USD Monday

Chinese yuan strengthens to 7.0108 against USD Monday

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