China and the UK have agreed to hold the 10th Economic and Financial Dialogue on June 17 in the UK. Vice Premier of the State Council Hu Chunhua and British Chancellor of the Exchequer Philip Hammond will co-chair the dialogue.

Established in 2008, the China-UK Economic and Financial Dialogue (EFD) is an important mechanism for bilateral communication and policy coordination on strategic, long-term and overarching issues in the economic and financial fields. Since its launch, the EFD has strongly boosted economic and financial cooperation, strengthened bilateral relationship and served as a key platform for the China-UK relations in the Golden Era.

Topics to be discussed at this dialogue include the macro-economic situation, global economic governance, trade, investment and cooperation on major projects, finance and strategic and new areas.

As to China's expectation for this dialogue, first, we hope the two sides will enhance communication and coordination on major bilateral and international economic and financial issues for greater mutual trust and the sound and steady growth of economic relations. Second, we hope we will further deepen economic ties, step up multilateral policy coordination, jointly uphold multilateralism, support trade and investment liberalization and facilitation and contribute to an open world economy. Third, we hope the two sides will expand mutually-beneficial cooperation and advance all-round cooperation in trade, investment, finance, science and technology, agriculture and third-party markets, bringing China-UK economic and financial cooperation to a new height with more outcomes.