Question to the HM Treasury:
To ask His Majesty's Government, further to their press release of 11 January 2025 on UK–China economic and financial dialogue, how much of the £600 million planned investments were already (1) signed or (2) in advanced discussions prior to the Chancellor’s visit; and what is the breakdown of each investment with respect to the location, value and firms involved.
There were negotiations at official level ahead the 2025 UK-China Economic and Financial Dialogue. Ministerial engagement was essential to deliver the outcomes agreed.
This EFD unlocked market access for UK exporters in financial services and agri-products. These outcomes will benefit a range of UK businesses in these sectors and are worth £600 million to the UK economy and set course to unlock £1 billion in total over the next 5 years. The government published the policy outcomes document on Saturday 11 January which lists the outcomes for British businesses and the UK economy. This is available publicly on gov.uk.