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<p>In 2014, UK goods exports to China were worth £15.5bn, making China our 6<sup>th</sup>
largest goods export partner. The government wants to improve this relationship, with
a target for China to be the 2<sup>nd</sup> largest recipient of UK exports within
a decade.</p><br /><p>The Government warmly welcomes the State Visit of President
Xi and Madame Peng, an important milestone that should lay the foundations for a golden
age in the bilateral relationship. The Visit will build upon the sustained engagement
by the Chancellor and other Ministers to deepen UK-China economic cooperation, including
via the annual, Chancellor-led Economic and Financial Dialogue (EFD).</p><br /><p>At
the most recent EFD in September 2015, both sides agreed a package of measure to strengthen
their long-term collaboration, including on capital markets, bond markets, green finance,
asset management and insurance. Further detail can be found at: <a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/462412/EFD_factsheet.pdf"
target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/462412/EFD_factsheet.pdf</a></p>
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