More than 100 UK investment projects revealed in Beijing

PetroChina Chairman Wang Yilin (left), China Huadian Corp Chairman Li Qingkui (center), and BP Plc Chief Executive Bob Dudley sign contracts at the UK-China Business Summit in Mansion House, central London, on Oct 21, 2015, the second day of President Xi Jinping's state visit to the United Kingdom. The UK and China signed a slew of big contracts including one for the building of the UK's first nuclear power plant in decades. [Photo/Agencies]

More than 100 investment projects in the United Kingdom were revealed for the first time on Tuesday to Chinese entrepreneurs at the 2015 China Outbound Conference in Beijing.

These investment projects are of 13 different sectors and were introduced by government officials from more than 20 regions in UK. More than half of them come from the infrastructure sector, while others range from retail, finance, fashion, food, and education industries.

About 200 Chinese companies participated in the 2015 China Outbound Conference, an annual forum presented by the China-Britain Business Council.

China-UK relationship has entered a golden age, especially after president Xi Jinping's visit to UK last month, during which 40 billion pounds of deals were signed.

Lord Sassoon, Chairman of British China-Britain Business Council, says that many industries and regions of the UK have great potential. In the conference, Chinese investors were able to learn about various projects where investing amounts range from hundreds of thousands pounds to hundreds of millions pounds.

"China's outbound investment has been growing; to build partnership with Chinese companies is a trend of economic cooperation, which would push forward UK's business development in the next few decades. Both parties would not only benefit in bilateral trade and investment, but would also benefit from working together to develop projects or market in a third country," says Lord Sassoon.