on march 30, 2015, the director-general of invest shenzhen, wang youming met with a visiting delegation led by stephen phillips, chief executive of the china-britain business council. mr. wang briefed the visitors about the economic and social development conditions of shenzhen and specifically introduced the supporting measures and advantages of the city in innovation-based development. mr. phillips expressed his intention to promote mutual investment on this visit. both sides also exchanged opinions on how to further strengthen cooperation in the areas of economy, trade and culture by leveraging china's "one belt and one road" development strategy.
established in 1953 and formerly known as the "48 group club" until 1998, the china-britain business council is backed by the british government and industrial and commercial circles to promote economic and trade ties with china. its mission is to promote bilateral trade, economic and technological cooperation between china and the uk.
