China, UK mull joint investment fund

Updated 2017-12-14 14:32:11 Global Times

China and the UK are planning a 10 billion yuan (.51 billion) fund for the Belt and Road (B&R) initiative, Bloomberg reported on Wednesday.

The report said that the two governments are considering starting a joint-venture fund for investments in the initiative, especially in areas such as infrastructure, agriculture and high-tech industries. The two sides are also reportedly initiating a feasibility study about a bond connect scheme, and the UK Treasury is considering issuing Panda bonds in China.

China and Britain will hold their 9th economic and financial dialogue in Beijing from Friday to Saturday, Lu Kang, spokesperson for the Ministry of Foreign Affairs, said on Tuesday.

Chinese Vice Premier Ma Kai and British Chancellor of the Exchequer Philip Hammond will co-chair the dialogue, Xinhua reported.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58January 16 2018 17:36:06

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16January 16 2018 17:36:06

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18January 16 2018 17:36:06

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords