UK Businesses Cheer New China Market Access, Visa-Free Travel After Starmer's Beijing Visit
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CNBC TV18•29-01-2026, 22:26
UK Businesses Cheer New China Market Access, Visa-Free Travel After Starmer's Beijing Visit
- •UK businesses express optimism after Prime Minister Keir Starmer's talks with Chinese President Xi Jinping, expecting new trade and investment avenues.
- •The UK government unveiled plans for visa-free travel for British citizens to China and greater market access, bringing the UK in line with 50 other countries.
- •Starmer's delegation, including 60 major British businesses, aims to forge new partnerships in healthcare, financial, legal services, education, and skills sectors.
- •A joint feasibility study will explore a bilateral services agreement to boost the £13 billion worth of services UK firms sell to China annually.
- •Industry leaders like CBI, Standard Chartered Bank, HSBC, and KPMG welcome the move, highlighting significant growth opportunities and job creation.
Why It Matters: Starmer's Beijing visit secures new market access and visa-free travel to China, boosting UK trade and investment.
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