CDB joins hands with TheCityUK

China Development Bank signed an agreement with TheCityUK, a private-sector financial services association, on Tuesday in the presence of British Prime Minister David Cameron and Premier Li Keqiang.

According to the agreement, TheCityUK will support CDB to expand its financing and lending activity in the United Kingdom, including infrastructure-related investment.

The two parties will build awareness and understanding of the yuan's role in supporting China-UK and global cross-border investment, and promote more comprehensive China-UK cooperation in yuan-related and other business.