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By Wang Xu | China Daily | Updated: 2015-10-24 08:08

The UK government wants China to pay for a number of "northern powerhouse" projects as well as backing deals in Britain's creative and technology industries.

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British officials and business leaders say the rise of China is impossible to ignore: China's economy is four times the size of Britain's.

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Cameron wants to make London, the biggest global foreign exchange center, into the dominant Western hub for trading, clearing and settlement of renminbi.

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