Li Keqiang Visited Britain &Nbsp; Signed 4 Billion 700 Million US Business Contract.
In January 10th, the vice premier of the State Council visited Britain. Li Keqiang Representing the Chinese side and Britain Signed a total of 4 billion 668 million U.S. government cooperation agreement and Commercial contract 。
On the same day, the two sides signed 15 agreements and contracts, mainly covering low carbon, wildlife protection, deep-sea oil and gas exploration and development, and financial sector cooperation, xinhuanet reported.
According to Reuters, PetroChina will invest in refining assets of INEOS, a British company, including Granger Merce, a refinery in England and southern France's La La. The daily processing capacity of the two refineries is about 200 thousand barrels, but there is no further disclosure of the specific amount of the paction.
Meanwhile, the British government said the oil giant BP and China National Offshore Oil Corporation signed a deep sea exploration agreement in the South China Sea, but did not disclose details of the agreement.
Tata Motors's subsidiary, Jaguar Land Rover, promised to sell about 40 thousand cars in China in 2011, worth more than 1 billion pounds.
The China Nonferrous Metals Co signed a cooperation agreement with Kryso Resources PLC.
In recent years, the comprehensive strategic partnership between China and Britain has been developing steadily.
From January 2010 to October, the volume of trade between China and Britain reached 40 billion 200 million US dollars, an increase of nearly 30% over the same period last year, a record high in the past.
The bilateral cooperation in the field of service trade is also progressing.
During the visit to China by British Prime Minister Cameron in November 2010, the leaders of the two countries established the goal of breaking bilateral trade volume by 100 billion US dollars in the next 5 years.
Li Keqiang arrived in the northern city of Edinburgh on 9 July and began a 4 day official visit to Britain.
On the 10 day, Li Keqiang arrived in London to continue his trip to England.
Britain is Li Keqiang's last stop in the three European countries, after which he visited Spain and Germany.
On the 9 day, Li Keqiang met with British Minister of Scotland affairs Moore and chief minister Salmond of Scotland government in Edinburgh.
The two sides exchanged views on Developing Sino British exchanges and promoting cooperation between China and Scotland.
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