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UK-China economic and financial dialogue

This news article was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Prime Minister David Cameron and Chancellor George Osborne have welcomed Chinese Vice Premier Wang Qishang to Number 10. External site: [Chancellor hosts fourth UK-China economic and financial dialogue (HM Treasury website)]( External site: [PM leads largest ever trade delegation to China](

The Vice Premier was attending the Fourth UK-China economic and financial dialogue (EFD) hosted by Mr Osborne.

The UK is the only European country to hold this type of dialogue with the Chinese Government and the EFD follows on from a British Government visit to China in November 2010 and an increase in UK goods exports to China in 2010 by 40% to £7.6 billion.

During the EFD the UK and Chinese Governments discussed the financial sector, trade and investment, as well as actions to support the global economic recovery through strengthened macroeconomic policy coordination.

Following the talks, Mr Osborne said that the UK and China agreed “a wide-ranging set of ambitious outcomes”  including a new infrastructure taskforce to increase bilateral investment and joint work on a global solution to energy price volatility.