The China-Britain Business Council announced that Britain is looking for Chinese partners to invest in 70 British projects focusing on communications technology, renewable energy, life science, advanced manufacturing, e-commerce, and financial services. In addition, a representative of Turkey's Beko, a Turkish home appliance and consumer electronics brand, said that the CIIE is evidence that China is pushing for more collaborations with other nations and companies. Beko hopes they will be able to take advantage of this opportunity.
China-Britain ties are stable and becoming stronger. The Shanghai-London Stock Connect will conduct technical tests on November 17 and 24 and is expected to go online in December. The cross-border stock trading scheme will allow investors from both sides to purchase A-list shares from one another to build stronger ties. In 2016, China was the UK's sixth largest trading partner. However, since 2010, British exports to China have increased by 64%. Turkey's Beko also sees the massive potential in China, as China's household appliances industry has a total revenue of USD26.39bn YTD, and is expected to show a CAGR of 10.06% from 2018 to 2022. However, exports from Turkey to China decreased during the past four years, reaching an all-time high of USD289.92m in May 2014, and declining to an average of USD210m a month from 2014 to 2017.