| answer text |
<p>UK exports of goods and services to China in the four quarters to the end of Q3
2018 were £22.4bn, up 4.9% from the four quarters to the end of Q3 2017. From 2010
to 2017, total UK exports of goods and services to China increased by 112.1%.</p><p>
</p><p>The Department, in line with the Export Strategy, is focused on overcoming
barriers to help UK businesses maximise export potential in China.</p><p> </p><p>Our
International Trade Advisers work with chambers of commerce and others to support
businesses to export to China.</p><p> </p><p>We are committed to improving market
access, prioritising those barriers that significantly impact UK exports. We are working
with our Chinese counterparts to remove these, opening up new opportunities for UK
businesses. We recently helped major British energy companies gain trading licences
in China, which is likely to generate billions of pounds in revenues over the next
decade. Subsequently, a number of British companies are looking to increase their
presence in China, with one company looking to operate around 1,500 petrol stations
in China by 2025 and another aiming to add 1,000 petrol stations in China over the
next five years.</p>
|
|
