Sino-UK ties

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Eight "Mosts" between China and the UK

1. UK is the first western power to recognize the new China.

2. UK is most open and optimistic towards China's economic development.

3. UK is the European country which likes China most. (According to the data from Pew Research Center in July, 48 percent of the UK people hold a favorable impression towards China, the highest rate among the European countries)

4. UK is China's major trading partner, with the fastest growth of trade volume with us in the EU. In the past six years, trade volume between the two has doubled; over the past four years, China's exports to the UK have doubled. In 2012, the Sino-British trade volume was $63.1 billion, increasing by 7.5 percent year-on-year. Of that, China's exports were $46.3 billion, increasing by 4.9 percent and imports $16.8 billion, increasing by 15.5 percent. From January to September this year, the bilateral trade volume reached $49.42 billion, increasing by 5.7%. Of that,China's exports were $35.9 billion, increasing by 5.1 percent and imports $13.52 billion, increasing by 7.3 percent)

5. China's investment in the UK has the fastest growth rate.

6. UK is the largest overseas market of RMB, accounting for 62 percent of RMB's overseas market.

7. UK is the first western country to sign a currency-swap agreement worth 20 billion pounds ($32.4 billion).

8. UK has the most Chinese students and Confucius Institutes and Confucius classes among the EU countries. (At present, we have about 120,000 people studying in the UK and 24 Confucius Institutes and 76 Confucius classes).

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