Baroness Cox Question for Department for International Trade Overseas Trade: China

Baroness Cox asked by written question, 18 January 2021 Department for International Trade Overseas: China: To ask Her Majesty's Government what steps they are taking to encourage (1) trade with China, and (2) investment in the Chinese economy.

Answered 1 February 2021 By Lord Grimstone of Boscobel (Conservative, Life peer:
China is an important trading partner for the UK, and we are pursuing increased bilateral trade.

The Department identifies market opportunities through its dedicated trade and investment network in major cities across China, which is ready to provide advice and support to ensure UK businesses take full advantage of emerging opportunities.

The Department for International Trade (DIT) and its delivery partners provide support for UK-based companies’ outward investments in China and other jurisdictions where there is a positive impact on the UK economy.

As an open economy, we welcome foreign trade and investment, including from China, where it supports UK growth and jobs. But we will not accept investments which compromise our national security.

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