City of London Corporation Policy Chair to explore partnership opportunities at Belt and Road Forum in Beijing


The City of London Corporation Policy Chair Catherine McGuinness is to visit China from 23 to 27 April 2019 to attend the 2nd Belt and Road Forum for International Cooperation.

The Policy Chair will attend a forum on financial connectivity alongside high-level speakers from across the world, including Minister Liu Kun from China’s Ministry of Finance, Governor Yi Gang of People's Bank of China and the Managing Director of the International Monetary Fund, Christine Lagarde.

In addition she will be attend a Belt and Road Bankers Roundtable and several bilateral meetings with regulators, government partners and other senior stakeholders.

The City of London Corporation has long worked to promote London and more broadly the UK as the ‘natural western hub’ of the Chinese-led Belt and Road Initiative (BRI), a development project which encompasses some one third of world trade and GDP and over 60 percent of the world's population. More than 100 countries and international organisations have signed up to the Initiative, and some $350 billion has already been committed to projects.

City of London Corporation Policy Chair Catherine McGuinness said:

“The UK has a real role to play in China’s Belt and Road Initiative, which by some estimates could be worth £1.8 billion annually to our economy.

“As an unrivalled hub for international infrastructure investment, British firms stand ready to provide much of the private financing required by the project, and can also support in green finance, consultancy, rule of law and foreign exchange.

“Seventy years on from the founding of the People’s Republic of China, ties between our two countries have gone from strength to strength, with bilateral trade now worth nearly £70 billion.

“I look forward to celebrating this long, fruitful relationship with our Chinese counterparts, and to marking the next chapter of our partnership in the Belt and Road.”

More than 30 Chinese financial firms are now based in the Square Mile, and the majority of major UK financial institutions have a presence in China. London remains the leading hub for RMB trading outside of Asia, and the City Corporation works alongside the People’s Bank of China to produce a quarterly review of use of the currency in the capital. In green finance, our countries continue to set the benchmark for international cooperation, and late last year the UK-China Green Finance Taskforce announced a set of green investment principles for the Belt and Road.

Notes to editors

The City of London Corporation is the governing body of the Square Mile dedicated to a vibrant and thriving City, supporting a diverse and sustainable London within a globally-successful UK.

For more information contact:

Nathan Rodgers, Media Officer for Asia
City of London Corporation

44 (0)207 332 3451

44(0)7864 625086






伦敦金融城政府长期以来一直致力于推动伦敦和英国作为中国“一带一路”倡议的“天然的西方枢纽”,“一带一路”倡议覆盖了全球贸易和GDP总量的三分之一以及惠及超过60%的世界人口。目前全球已有100多个国家和国际组织积极响应和支持 “一带一路” 建设,并有大约3500亿美元投入到 “一带一路” 项目建设中。


“英国可以在中国的“一带一路”倡议中发挥真正的作用。据估计,这一倡议每年将为英国经济带来价值18亿英镑的贡献。作为一个无可比拟的国际基础设施投资中心,英国企业能够随时提供项目所需的大部分私人融资,还可以在绿色金融、咨询、法律和外汇等领域提供支持。在中华人民共和国成立70周年之际,中英两国关系行稳致远,双边贸易额接近700亿英镑。我期待着与中国的合作伙伴共同庆祝这一长期、富有成效的关系,并为我们在 “一带一路” 的伙伴关系掀开新的篇章。”

目前,已有30多家中国金融机构将办公室设在“平方英里”(Square Mile,伦敦金融城的别称),且大多数英国主要金融机构都在中国开展业务。伦敦仍是亚洲以外地区人民币交易的主要中心,伦敦金融城政府也与中国人民银行积极开展合作,对人民币在伦敦的使用情况进行季度评估。两国将继续致力于在绿色金融领域确立国际合作基准,去年年底,中英绿色金融工作组还发布了一系列“一带一路”绿色投资原则。