UK and China clinch multi-billion contracts

Britain and China have signed almost £30 billion ($46bn) in trade deals as part of a drive to forge closer ties between the two countries

Oil and gas

Deals worth more than

Oil and gas:

£12bn

£12 billion,

including

liquefied

£6.5bn

natural gas (LNG) supply contract with

China’s Huadian power generator.

BP will supply up to 1 million tonnes of

LNG per year over 20 years

Nuclear

energy

China’s state-owned CGN

Power station:

to take 33.5% stake worth up to

£6bn

in EDF’s Hinkley Point C – first nuclear

power plant to be built in UK since 1988

American-British Carnival

Cruise ships:

Corp. has signed

contract to

£2.6bn

Ship

building

launch cruise brand aimed at Chinese

audience. Deal funded by sovereign

wealth fund, China Investment Corporation

£2.6bn

Falkirk-based Alex Dennis

Transport:

Limited and China’s BYD have agreed

deal to manufacture electric buses

£2bn

Health

Transport

£2bn

More than

of trade

Healthcare:

£2bn

deals between Chinese and UK companies

China’s Citic is main contractor

Building:

Royal Albert Docks project

£1.7bn

Building

Aviation

Rolls Royce deal with

Aviation:

£1.7bn

£1.4bn

China’s aviation conglomerate HNA Group

GlaxoSmithKline deal,

Other: £323m

for University of York TV training,

£200m

£917m

for Legoland park in Shanghai,

£194m

for British theme park,

each

£100m

£50m

for Aston Martin and London Taxi Company

Sources Department for Business, Innovation and Skills, company announcements

UK and China clinch multi-billion contracts

Britain and China have signed almost £30 billion ($46bn) in trade deals as part of a drive to forge closer ties between the two countries

Oil and gas

Deals

Oil and gas:

£12bn

worth more than

£12 billion,

including

liquefied

£6.5bn

natural gas (LNG)

supply contract with

China’s Huadian

power generator. BP will supply up to 1 million

tonnes of LNG per year over 20 years

Power station:

China’s state-owned

CGN to take 33.5%

stake worth up to

Nuclear

energy

£6bn

in EDF’s Hinkley

Point C – first nuclear

power plant to be built

in UK since 1988

£6bn

Ship

building

Cruise ships:

American-British

CarnivalCorp. has

£2.6bn

signed

£2.6bn

contract to launch

cruise brand aimed at Chinese audience.

Deal funded by sovereign wealth fund, China

Investment Corporation

Falkirk-

Transport:

based Alex Dennis

Transport

Limited and China’s

BYD have agreed

£2bn

Health

deal to

£2bn

manufacture electric

buses

More than

of trade deals between

Healthcare:

£2bn

Chinese and British companies

China’s Citic is main

Building:

Building

contractor in

Royal Albert

£1.7bn

Docks project

Rolls Royce deal with China’s

Aviation:

aviation conglomerate HNA Group

Aviation

£1.4bn

GlaxoSmithKline deal,

Other: £323m

for University of York TV training,

£200m

for Legoland park in Shanghai,

£194m

for British theme park,

each

£100m

£50m

£917m

for Aston Martin and London Taxi Company

Sources Department for Business, Innovation

and Skills, company announcements

UK and China clinch multi-billion contracts

Britain and China have signed almost £30 billion ($46bn) in trade deals as part of a drive to forge closer ties between the two countries

Oil and gas

£12bn

Deals worth more

Oil and gas:

than

£12 billion,

including

£6.5bn

liquefied natural gas (LNG) supply

contract with China’s Huadian

power generator. BP will supply

up to 1 million tonnes of LNG per

year over 20 years

Nuclear

energy

£6bn

China’s state-

Power station:

owned CGN to take 33.5% stake

worth up to

in EDF’s Hinkley

£6bn

Point C – first nuclear power plant

to be built in UK since 1988

Cruise ships:

Ship

building

American-British

CarnivalCorp.

£2.6bn

has signed

contract

£2.6bn

to launch cruise

brand aimed at Chinese audience.

Deal funded by sovereign wealth

fund, China Investment

Corporation

Transport

Transport:

£2bn

Falkirk-based

Alex Dennis

Limited and China’s

BYD have agreed

deal to manufacture

£2bn

electric buses

Healthcare:

More than

£2bn

Health

of trade deals

between Chinese

and British

companies

£2bn

China’s

Building:

Citic is main

Building

contractor in

£1.7bn

Royal

£1.7bn

Albert Docks project

Aviation:

Aviation

Rolls Royce deal

with China’s aviation

conglomerate

HNA Group

£1.4bn

Other: £323m

GlaxoSmithKline deal,

£917m

for University

£200m

of York TV training,

for Legoland park in

£194m

Shanghai,

for British

£100m

theme park,

each for

£50m

Aston Martin and London Taxi

Company

Sources Department for Business, Innovation

and Skills, company announcements