Chinese Ambassador to the UK Zheng Zeguang has urged British businesses to capitalize on opportunities arising from China's economic modernization, emphasizing bilateral collaboration during a keynote address at a London event analyzing the outcomes of China's annual Two Sessions.
Speaking at Monday's forum organized around the National People's Congress and Chinese People's Political Consultative Conference meetings, Zheng described China's development model as a "stable enabler" for global progress. "This year's Two Sessions demonstrated our commitment to high-quality growth through technological innovation, green energy transitions, and maintaining world peace," he stated, highlighting China's 5.2% GDP growth in 2023 as evidence of sustainable momentum.
The ambassador positioned China-UK cooperation as critical for addressing global challenges, calling for enhanced exchanges in finance, AI, and renewable energy. "When we properly manage differences while expanding practical collaboration, our relationship becomes a stabilizing force," Zheng noted, referencing recent high-level dialogues between London and Beijing.
UK business leaders echoed Zheng's optimism. China-Britain Business Council Chair Sherard Cowper-Coles praised Two Sessions policies aimed at boosting domestic consumption and foreign investment: "The focus on putting more spending power in Chinese households creates opportunities for British consumer goods and financial services."
Former City of London Lord Mayor Michael Mainelli highlighted London's unique position to partner with China in green finance and AI governance: "As China advances its digital yuan and carbon neutrality goals, British expertise in regulatory frameworks becomes increasingly valuable."
The event concluded with panel discussions exploring sector-specific opportunities in advanced manufacturing and cross-border fintech solutions, reflecting growing commercial interest in China's next-phase development priorities.
