First Britain-China infrastructure conference held in London (2)

Chinese firms have made increasing investment in Britain this year, as encouraged by the government's "going global" strategy.

In middle September this year, Chinese communications giant Huawei Technologies announced that it would invest 2.0 billion U.S. dollars in Britain and committed to increasing its workforce from the present 800 people to over 1,500 by 2017.

China Investment Corporation (CIC), China's sovereign wealth fund, said in November that its subsidiary has purchased a 10-percent stake in Heathrow Airport Holdings, which marks CIC's second investment in British infrastructure, as the company also holds an 8.68-percent stake in Thames Water, the largest water supply and waste water treatment company in Britain.

At the infrastructure CEO round-table meeting focusing on transport, the British side briefed the Chinese companies on rail structure and opportunities in the area.

The conference is a follow-up event of the Fourth China-UK Economic and Financial Dialogue held in September 2011, when the two countries inked memorandums of understanding on cooperation in the fields of infrastructure and energy.

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