Business Secretary Peter Kyle spoke at the UK‑China JETCO event on 1 July 2026, outlining new trade gains and a bilateral services partnership. He said the recent UK‑China talks had unlocked £2.2 billion in new export deals and £2.3 billion in market‑access wins over five years, and that visa‑free travel now allows professionals easier movement. The UK also secured a tariff cut on whisky exports from 10 % to 5 %. Kyle highlighted industrial‑strategy alignment and examples of collaboration, such as Silverstream Technologies’ net‑zero lubrication technology with Chinese shipyards, Anemoi Marine’s rotor sails, and a £15 million sports deal with World Snooker. He stressed services—59 % of UK exports worldwide but only 42 % to China—should be boosted. The UK and China will launch a matchmaking platform, a joint feasibility study on a trade‑services agreement, and will hold an Economic and Financial Dialogue later this year.
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