it has driven amazing growth
and raised the living standards of millions.
trade has helped stitch back china’s network of relations with countries across the world.
we need to make sure that it does not turn into a negative factor.
just as the west wants greater access to chinese markets
so china wants greater access to western markets
and it wants market economy status in the eu too.
i had very constructive talks with premier wen on exactly this issue yesterday.
i will make the case for china to get market economy status in the eu
but china needs to help, by showing that it is committed to becoming more open, as it becomes more prosperous.
and we need to work together to do more to protect intellectual property rights
because this will give more businesses confidence to come and invest in china.
uk companies are uniquely placed to support china’s demand for more high value goods for its consumers.
our pavilion at the world expo in shanghai – which won the gold award for the best pavilion design – was a showcase for so many of britain’s strengths
from advanced engineering to education…
from great brands to great pharmaceutical businesses
from low carbon to financial services to the creative industries.
in all these areas and many more, british companies and british exports can help china deliver the prosperity and progress it seeks.
we can be part of china’s development strategy, just as china is part of ours.
a true partnership of growth.
in recent days, britain has won new business worth billions of pounds
involving companies across the uk and cities all over china.
including a deal between rolls royce and china eastern airlines for 16 airbus 330 aeroengines worth £750 million