China has declared that it sees an opportunity in innovation-driven development to open a new chapter in a number of technology areas, including blockchain, said Chinese ambassador Liu Xiaoming in the United Kingdom during a dinner to celebrate the Chinese New Year in London, according to informed the official website of the embassy.

“There has been steady progress in implementing the joint China-UK strategy for cooperation in science, knowledge and innovation. We are working to unite these strategies and conduct joint projects in innovation, with new highlights in artificial intelligence, blockchain, telecommunications and biomedicine. ”, Said Xiaoming.

The dinner was jointly organized by the China Chamber of Commerce in the United Kingdom, the 48 Group Club and the China-Great Britain Business Council that developed Sino-British relations. Xiaoming also spoke about the new cooperation between Chinese and British companies and the development of a new Sino-British economy and trade relations to achieve new leaps in financial cooperation with reference to the “Belt and Road Initiative (BRI)”.

“BRI had an active participation from all sectors in the United Kingdom”, says Liu. "We hope to take advantage of this platform to combine the best of Chinese-made engineering and construction with the best of British experience in project design, legal, technical and financial services, in order to obtain more results", he concluded.

Recently, in the technology sector, The Ant Financial from Alibaba bought the UK's largest cross-border online payments company, World First; Huawei established its 5G Birmingham Training Center; OPPO established its international design center in London; and the Tencent and the Bytedance bought shares in some or acquired AI companies in the UK.

Britain's economic treasury secretary, John Glen, said his country and China are "natural partners" and that the two sides have broad prospects for cooperation in financial services and the "BRI".

Read also: China embraces blockchain with R $ 3.5 billion in investment

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