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These 26 key words will be written into the history of Sino-UK relations(2)

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2015-10-24 11:42People's Daily Online Editor: Li Yan

K-Keynote speeches

During President Xi Jinping's visit to the UK, he delivered several key note speeches, including one at the UK Parliament, one at the China-UK Business Leaders' Summit, and one at the dinner hosted by the Lord Mayor of the City of London Alderman Alan Yarrow.

L- Legal Enforcement and Security Cooperation

The UK and China have been maintaining very good cooperation in legal enforcement and fighting against corruption. In July 2015, President Xi's special envoy Meng Jianzhu said when he was meeting with Prime Minister Cameron that legal enforcement and security cooperation is an important component of the China-UK comprehensive strategic partnership, and embodies high mutual trust between the two countries, a highlight of China-UK cooperation in a new era.

M- Market Economy Status for China

The UK recognized China's market economy status, and being supportive in relations with the EU. For years the UK has been suggesting that the EU give market economy status recognition for China.

N- Nuclear Power Station

During an interview with Reuters Chinese President Xi Jinping said that The Hinkley Point is the product of tripartite cooperation among China, the UK and France. "I hope that the companies of the three countries will fully leverage their respective strengths to ensure the successful launch of this project and deliver benefits to the British people," he said.

EDF Energy reached an agreement with China General Nuclear Power Corporation (CGN) for a nuclear power plant at Hinkley Point, Somerset on Oct. 21, 2015.

O- Offshore Trading Hub for RMB

London launched its RMB business-centre programme in 2012. After several years of development London has become one of the most dynamic and important offshore trading hubs for RMB.

P- People-to-People Exchange

The number of Chinese traveling to the UK maintained double-digit growth every year for the past five years. Five years ago residents from mainland China accounted for 300,000 trips to the UK as their first travel destination, while the number reached nearly 530,000 in 2014. Bilateral personnel exchanges exceeded 1.1 million in 2014.

Q- Qualified Foreign Institutional Investor for RMB

The UK is the first non-Asia country that has been approved as a Qualified Foreign Institutional Investor in RMB.

R- Royal Gallery

Xi Jinping delivered a speech in the Royal Gallery of United Kingdom Parliament at Westminster. According to the official website of the Parliament, the Royal Gallery is only used for state events.

U.S. President Ronald Reagan and Bill Clinton, King of Spain Juan Carlos I, President of France François Mitterrand and the Chancellor of Germany Angela Merkel have delivered speeches there.

S- Sovereign Bonds Denominated in RMB

The UK is the first Western country to issue a sovereign bond denominated in the RMB.

T- Third Party Market Exploration

Gao Hucheng, Commerce Minister of China, said before Xi's UK visit that China should take full advantage in equipment manufacturing and capital, and UK should make use of its advantages in technology, innovation, management experience and financial services, to boost cooperation in third-party markets and create new places for bilateral economic and trade cooperation.

U- Upgrading Infrastructure Plans

The UK government plans include upgrading infrastructure, building an economic-center in northern England and the UK Industry 2015 Strategy. These plans fit nicely with China's "One Belt One Road" initiative and "Made in China 2025" strategy. Experts think that the UK's need to upgrade infrastructure might become a new spotlight in Sino-UK cooperation.

V- Visa Application

To facilitate residents of China traveling to the UK, the British government has simplified the online application process for Chinese individual travelers. The UK not only offers 24-hour visa service, but also a British-Irish and British-Belgian visa allowing Chinese citizens travel to Ireland and Belgium on a single visa.

From January 2016, new visitor visas for tourists from China will be valid in the UK for 2 years – 4 times the usual 6-month limit for a standard visitor visa – bringing significant benefits to the UK economy, Prime Minister David Cameron announced on Oct.21, 2015. The application fee for the new visa will be the same as it is now.

W- Windsor Dynasty

During Xi Jinping's visit to the UK he will make a formal meeting with Elizabeth II, Queen of the United Kingdom and her husband Prince Philip, Duke of Edinburgh. Queen Elizabeth II has been Queen since Feb.6, 1952 and she is the fourth monarch of the Windsor Dynasty.

X- Xi's First State Visit to the UK

China's President Xi Jinping is on a state visit to UK at the invitation of Queen Elizabeth II from Oct. 19 to 23, 2015. Xi's visit to the UK is the first by a Chinese president in over a decade.

Y- Year of China-UK Cultural Communication

2015 is the year of China-UK cultural communication. U.K culture fairs were successfully held in China in the first half of 2015. The UK showed its products in many places in China. Chinese culture themed fair "Innovation China" will be shown in the UK in the second half of the year.

To mark the 400th anniversary of the death of playwrights Tang Xianzu and William Shakespeare, China and the UK are planning to hold relevant commemoration activities.

Z- Zone of China-EU Free Trade

Talks on China-EU Investment Treaty began in 2013. The UK a significant member state in the EU and an advocate of free trade, hold an optimistic attitude towards research on a China-EU Free Trade Zone. China hopes that the UKUK can act supportive during negotiations with the EU on the China-EU Free Trade Zone.

  

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