{"value":{"id":1758083,"askingMemberId":5015,"askingMember":null,"house":"Lords","memberHasInterest":false,"dateTabled":"2025-01-22T00:00:00","dateForAnswer":"2025-02-05T00:00:00","uin":"HL4320","questionText":"To ask His Majesty's Government, further to their press release of 11 January 2025 on UK–China economic and financial dialogue, how much of the £600 million planned investments were already (1) signed or (2) in advanced discussions prior to the Chancellor’s visit; and what is the breakdown of each investment with respect to the location, value and firms involved.","answeringBodyId":14,"answeringBodyName":"Treasury","isWithdrawn":false,"isNamedDay":false,"groupedQuestions":[],"answerIsHolding":false,"answerIsCorrection":false,"answeringMemberId":4559,"answeringMember":null,"correctingMemberId":null,"correctingMember":null,"dateAnswered":"2025-02-03T00:00:00","answerText":"<p>There were negotiations at official level ahead the 2025 UK-China Economic and Financial Dialogue. Ministerial engagement was essential to deliver the outcomes agreed.</p><p>This EFD unlocked market access for UK exporters in financial services and agri-products. These outcomes will benefit a range of UK businesses in these sectors and are worth £600 million to the UK economy and set course to unlock £1 billion in total over the next 5 years. The government published the policy outcomes document on Saturday 11 January which lists the outcomes for British businesses and the UK economy. This is available publicly on gov.uk.</p>","originalAnswerText":"","comparableAnswerText":"","dateAnswerCorrected":null,"dateHoldingAnswer":null,"attachmentCount":0,"heading":"Foreign Investment in UK: China","attachments":[],"groupedQuestionsDates":[]},"links":[{"rel":"self","href":"/Questions/1758083","method":"GET"}]}