Chinese Premier Li Keqiang (R) and British Prime Minister David Cameron attend a press conference in Beijing, capital of China, Dec. 2, 2013. (Xinhua/Wang Ye)

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China, Britain set up currency swap line

BEIJING,June 23 (Xinhua) -- China's central bank announced Sunday that it has signed an agreement to establish a currency swap line with the Bank of England (BOE) to boost bilateral trade and financial stability.

According to the People's Bank of China, China's central bank,the maximum value of the reciprocal 3-year yuan/sterling currency swap will be 200 billion yuan (32.6 billion U.S. dollars)/20 billion pounds. Full story

Chinese FM calls for new progress on China-Britain ties

UNITED NATIONS, Sept. 23 (Xinhua) -- Chinese Foreign Minister Wang Yi met with his British counterpart William Hague here Monday, calling on the two sides to make fresh progress on bilateral ties.

Wang said the China-Britain relationship enjoys great potential and bright prospects and it is in the common interest of both countries to further deepen mutually beneficial cooperation. Full story