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Outcomes Reached by China and UK During Xi Jinping's State Visit to UK

2015/10/22

On October 21 local time, agreements singed and consensus reached by China and the UK during President Xi Jinping's state visit to the UK are as follows:

I. Intergovernmental and Non-commercial Agreements

(1) National Development and Reform Commission and the UK Treasury signed the "Memorandum of Understanding Between China and the UK on Strengthening Cooperation in Infrastructure and Public Utilities and Other Investment and Financing Including in the Field of Franchising".

(2) National Development and Reform Commission and UK's Department for Business, Innovation and Skills signed the "Memorandum of Understanding on Strengthening Cooperation in Emerging Industries".

(3) General Administration of Customs and Her Majesty's Revenue and Customs of the UK signed the "Memorandum of Understanding on Cooperation and Mutual Administrative Assistance in Customs Service".

(4) Ministry of Commerce and UK's Department for International Development signed the "Memorandum of Understanding on Strengthening Partnership in Development Cooperation and Effectively Implementing Goals of Sustainable Development".

(5) Ministry of Commerce and UK's Department for Business, Innovation and Skills singed the "Memorandum of Understanding on Strengthening Local Trade and Investment Cooperation Between China and the UK".

(6) National Energy Administration and UK's Department of Energy and Climate Change signed the "Joint Statement on Strengthening Package Cooperation in Bilateral Civilian Nuclear Energy".

(7) National Energy Administration and UK's Department of Energy and Climate Change signed the "Memorandum of Understanding on Partnership Between China and the UK in Clean Energy".

(8) Development Research Center of the State Council and UK's Department for International Development signed the "Memorandum of Understanding on Developing Knowledge Partnership Between China and the UK".

(9) China Banking Regulatory Commission and UK's Prudential Regulation Authority signed the "Memorandum of Understanding on Bilateral Regulatory Cooperation".

(10) China National Nuclear Corporation and UK's National Nuclear Laboratory signed the "Key Provisions of Agreement on the Establishment of China-UK Joint Nuclear Research and Innovation Center".

(11) People's Bank of China and Bank of England signed the "RMB/Pound Bilateral Currency Swap Agreement".

(12) China Scholarship Council and Imperial College London signed the "Agreement on Cooperation in Program for Innovative Talent Training".

(13) China-UK Cultural Fund and University of Cambridge launched research of "China and the World in World War II".

II. Commercial Agreements

(1) China General Nuclear Power Corporation and Electricité de France signed the "Agreement on Investment in Nuclear Power Projects of the UK".

(2) China Investment Corporation, China State Shipbuilding Corporation, Carnival Corporation & plc Cooperation and Fincantieri signed the "Agreement on Cooperation in Projects of Luxury Cruise Construction and Operation".

(3) China Huadian Corporation and BP signed the "Agreement on Long-term Natural Gas Trade".

(4) China National Petroleum Corporation and BP signed the "Framework Agreement on Strategic Cooperation".

(5) HNA Group and Rolls-Royce Holdings signed the "Purchase of Engine Product Support and Maintenance Service of 42 A330 Aircrafts".

(6) CITIC Group Corporation, ABP (London) Investment Limited and DF Holdings Group Limited signed the "General Contracting Agreement on Development Project of Royal Albert Dock of the UK".

(7) China Construction Bank and London Metal Exchange signed the "Agreement on Acquisition of Ring Dealing Member Metdist Trading Limited of London Metal Exchange".

(8) Hong Kong Stock Exchange and London Metal Exchange signed the "Agreement on Establishing Connectivity Mechanism of Futures Market between London and Hong Kong".

(9) China Three Gorges Corporation and Energias de Portugal signed the "Agreement on Jointly Investing and Developing UK's MORAY Offshore Wind Power Project".

(10) Industrial and Commercial Bank of China and BP Shipping signed the "Agreement on Cooperation in Project of Oil Tanker Operating and Leasing and Standby Loan".

(11) China Development Bank and UK Trade & Investment signed the "Memorandum of Understanding on Cooperation in UK's Infrastructure and Energy Projects".

(12) Agricultural Bank of China and London Stock Exchange Group signed the "Memorandum of Strategic Cooperation in Green Finance".

(13) China Poly Group Corporation and UK's Ambassador Theatre Group signed an agreement on cooperation in introducing repertoire and managing theater.

(14) China National Building Materials Group Corporation and WElINK Energy signed an agreement on cooperation in projects of UK's photovoltaic power stations and new houses.

(15) SANY Group, CITIC Group Corporation and DF Holding Group Limited signed the "Agreement on Investment and Cooperation with UK's Equipment Rental Companies".

(16) Beijing Construction Engineering Group, R1 Financial Group, Relentless Investments Limited and RGJR Limited signed the "Joint Venture Agreement of St. Michaels Investment Limited".

(17) China Construction Bank, China Regenerative Medicine International Limited and University of Oxford signed an agreement on establishing the CCBI-CRMI Technology Centre at the University of Oxford.

(18) Beijing Rongtong Zhongke Science and Technology Industry Limited, University of Glasgow and TransteknIQ Limited signed an agreement on China-UK Science and Technology Park and China-UK Innovative Centre at the University of Glasgow.

(19) Shanghai Fosun High Technology (Group) Co., Ltd. and Thomas Cook Group signed an agreement on further strengthening bilateral cooperation.

(20) BYD Co Ltd and Alexander Dennis Limited signed the "Electric Buses Manufacturing Agreement".

(21) China Taiping Insurance Group Ltd. and Lloyd's signed memorandum of understanding on bilateral cooperation.

(22) China-Africa Development Fund and UK Department for International Development signed the "Memorandum on Cooperation in Promoting Investment and Export to Africa".

(23) IZP Technologies Co., Ltd. and Plurimi Group signed an agreement on cross-border clearing and settlement system between China and the UK.

(24) Bright Dairy & Food Group, Hong Kong Carter International Ltd. and Dream Garden Co. signed an agreement on investment in the project of building "Dream Gardens" in Shanghai.

(25) Development Research Center of the State Council and Shell International Ltd. signed an agreement on joint research of "Global Energy Transformation and China's Energy Revolution".

(26) Bank of Communications and UK Trade & Investment signed the "Memorandum of Understanding on Bilateral Cooperation".

(27) China Culture Investment Culture Industry (Beijing) Group Ltd. and University of York signed an agreement on the projects of the Department of Theatre, Film and Television of University of York.

(28) Tsinghua University, Building Research Establishment and Evergrande Cooperation Center signed the "Agreement on Research Platform of Sustainable Urbanization Between China and the UK".

III. Other Outcomes

(1) The sixth China-UK Defence Strategic Consultation will be held in the UK in 2015.

(2) China-UK indoor exercise of evacuation of nationals will be held in 2016.

(3) Establishing China-UK international peacekeeping cooperation mechanism has been discussed.

(4) Ningbo Shipping Exchange and Baltic Exchange jointly issued the "Maritime Silk Road Containerized Freight Index".

(5) China is willing to discuss building "China-UK innovation cooperation partnership" with the UK.

(6) The fourth China-UK Energy Dialogue was held on October 19, 2015 in London.

(7) The first China-UK Development Forum and the first China-UK Reform and Innovation Forum were held on October 22, 2015 in London.

(8) The sixth China-UK Internet Roundtable was held on October 19, 2015 in the UK.

(9) Both sides agreed to hold the third China-UK Intellectual Property Symposium in 2016.

(10) The first China-UK Media Roundtable will be held on November 19, 2015 in the UK.

(11) The "Chinese Film Festival" was held from October 15 to 16, 2015 in London, and the "Chinese Film Day" was held on October 19, 2015 in Edinburgh.

(12) China Central Television hosted the launch ceremony of the documentary "Confucius" (international edition).

(13) The construction project of the European branch of News Center of China Central Television.

(14) China Central Television cooperates with UK's Silvergate Media to produce the animation "The Octonauts" (Series 5).

(15) People's Bank of China granted underwriting license of debt instruments of non-financial enterprises to Standard Chartered Bank.

(16) China Development Bank issues 1 billion USD and 500 million EUR bond in the UK.

(17) A representative office of China Development Bank in the UK was approved and opened on October 22, 2015.

(18) State Administration of Press, Publication, Radio, Film and Television and British Film Institute signed the "Memorandum on China-UK Film Cooperation".

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