Lord mayor offers reassurances on business

By Sun Wei in London Source:Globaltimes.cn Published: 2016/9/2 23:01:59

The Lord Mayor of the City of London, Jeffrey Mountevans, is to lead a business delegation to Hong Kong and Beijing, Shanghai and Tianjin from September 7 to 14. 

The mayorship is a ceremonial position that represents London's financial sector, as opposed to the elected position of mayor of London.

Speaking ahead of his visit to China, Mountevans reaffirmed China as a vital trade and investment partner for the UK. "My visit comes at an opportune time to reassure government and industry that the UK remains open for business."

Mountevans will look to strengthen the commercial ties between the UK and China and promote Britain as one of the best places to invest and do business.

As the financial and commercial heart of both Britain and Europe, the City of London, Mountevans believes, is a natural partner for Chinese investors and businesses that want to expand their global presence. 

In his three day visit to Hong Kong, Mountevans will meet Financial Secretary John Tsang to explore opportunities for further cooperation on international trade, including specific opportunities for investors from Hong Kong and the Chinese mainland. 

Mountevans will also meet policy makers and business leaders in Shanghai, Beijing and Tianjin to share the views on economic development in both countries, and discuss areas of mutual interest such as yuan internationalization and Green Finance.  

On the China-UK relationship, currently shadowed by the Hinkley Point delay, Mountevans said he will reiterate their commitment to deepening the long-standing links between the UK and China, celebrate the strengths and cooperation between the two nations and explore new ways to work together.

Posted in: Economy

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