The Prime Minister welcomes Premier Li Keqiang to Downing Street today (17 June) for the annual UK-China summit.
The summit takes place just 6 months after the Prime Minister’s trip to China and with bilateral trade at record levels – up by 8% overall in 2013.
The Prime Minister and Premier Li will host a lunch for businesses looking to seal more deals in both countries. The meal will be cooked by Manchester based Sweet Mandarin, who accompanied the Prime Minister on his visit to China in December 2013 and who are expanding their business there.
The Prime Minister will seek to secure a breakthrough in the 30 year long ban on British beef and lamb exports to China, in a deal which could be worth up to £120 million to the UK economy.
These would be the first talks on the issue since the 1980s when restrictions related to the BSE outbreak were imposed on British beef and lamb in China. It follows discussions during the Prime Minister’s visit in December on opening up the food and drink market broadly, capitalising on a $45 million export deal for pork products and expanding a market already worth more than £257 million to the UK economy.
The deal is just one of several trade and investment deals expected to be agreed today that will boost long term economic growth for both the UK and China and cement our relationship as global partners for growth, reform and innovation.
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