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Huawei lauds UK for business, says committed to Europe

2013-12-06 10:40 Global Times Web Editor: qindexing
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China's Huawei Technologies said Thursday that the UK has a first-class investment environment, and commented on the company's ongoing commitment to the UK and Europe.

Huawei made this remark on the heels of a three-day visit to China by UK Prime Minister David Cameron, that concluded Wednesday, in which he brought more than 130 British business representatives to China, including the CEO of Huawei UK.

The delegation is the largest-ever trade delegation to visit China, and it signed 5.6 billion ($9.14 billion) pounds worth of agreements during the trip.

The trip marks a significant step in solidifying trade relations between UK and China, where David Cameron commented that "the UK will be China's biggest advocate in the West."

Victor Zhang, CEO of Huawei in UK, said that the company has achieved encouraging growth and success in the UK, which is in part attributable to the UK's approach to foreign investment and providing a welcoming trade environment.

Zhang highlighted the UK as being home to an outstanding pool of talent and a hub for world-leading business services. Zhang also pointed out that Huawei has its global Finance Risk Control Centre in London, as well as its global device design center, which guides design concepts for the company's flagship smartphones and devices.

In June 2013, Huawei expanded its existing UK operations with the opening of a new UK headquarters in Reading. The event, which was attended by Mark Hoban, the UK's minister of state for employment, reaffirmed Huawei's long-term commitment to the UK in which the company will invest 1.3 billion pounds over a five-year period.

In October, UK Chancellor of the Exchequer, George Osborne, visited Huawei's Shenzhen headquarters to meet with Huawei CEO Ren Zhengfei.

During his trip, OSborne expressed his recognition of Huawei as a role model for investment and confirmed the support of the UK government.

"Some see China as a threat, but the UK sees opportunities. We look forward to further partnerships with Huawei and continued cooperation between China and the UK," Osborne said.

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