Cooperation projects inked

Agreements with UK to give boost to wider use of yuan in London

China and the United Kingdom signed on Tuesday 59 cooperation projects ranging from areas such as infrastructure and civilian nuclear power to yuan internationalization, marking the largest economic cooperation effort by the two countries despite previous political spats.

The deals - signed during UK Chancellor of the Exchequer George Osborne's five-day trip to China - include a memorandum of understanding on civilian nuclear projects and deals to facilitate UK visa applications for staff working on infrastructure-related projects and customs clearance of equipment and materials.