Economy

China, Britain sign deals worth some $4.7b

(Xinhua)
Updated: 2011-01-11 09:28

LONDON - China and Britain on Monday inked business deals worth $4.668 billion during Chinese Vice Premier Li Keqiang's visit.

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Li was accompanied by some 120 Chinese business leaders on his current visit. The two sides signed 15 agreements and commercial contracts in the presence of Li and British Deputy Prime Minister Nick Clegg, covering fields such as low carbon, wildlife protection, deep-sea oil and gas exploration and development as well as financial cooperation.

Li held talks with Clegg earlier and then he met with Prime Minister David Cameron.

Li, who started his four-day official visit to Britain on Sunday, will also meet with Chancellor of the Exchequer George Osborne and Foreign Secretary William Hague.

Britain is the last leg of Li's three-nation Europe tour, which has already taken him to Spain and Germany.