UK, China industrial cooperation touted

China and the UK have a lot to offer each other in industry and advanced manufacturing in terms of developing staff members with expertise, matching investments and commercialization of research and academic findings, regional leaders of both said at the Second UK-China Business Leaders Summit in Shanghai recently.

Companies and regional leaders in China and UK may introduce opportunities for cooperation in the sectors with the help of exchanges of educational and training systems at deeper levels, such as an employer-led curriculum and more frequent dialogue between the two sides, said one senior UK businessman.

The remarks were made by Sir John Peace, Chair of Midlands Engine - an English collaboration between local governments and the UK national government, local business and universities - together with a plan to generate an additional 34 billion pounds ($42.8 billion) for the economy over the next 15 years and to create 300,000 jobs.