City of London banks on B&R for better trade ties with China

BEIJING - The City of London is a committed partner of China to support sustainable financing and successful delivery of the Belt and Road Initiative, according to a top policymaker.

As a leading global financial center with the breadth and depth of a financial ecosystem, the City of London could contribute a lot when it comes to "unlocking potential and building capacity for the Belt and Road Initiative", Catherine McGuinness, City of London policy chair said in Beijing.

"Infrastructure finance is something which the city has an expertise in and is dealing with all the time, so when we come to the big vision of infrastructure projects across the world, as a partner working alongside China, I feel London has a great deal to offer," McGuinness said.