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China and Brazil launched a joint investment promotion fund to increase productive capacity in late May. The fund has an initial sum of billion to finance investment projects in Brazil that are of interest to both countries.

China United Network Communications Group Co Ltd has also signed an agreement with the municipal government of Shanghai that includes the deployment of a citywide NB-IoT platform for applications such as intelligent parking and environmental monitoring, in a bid to make the city smarter.

China and Vietnam have agreed to push for the completion of the Hanoi light rail (Cat Linh - Ha Dong) project and the design of a standard-gauge railway linking Hai Phong, Hanoi, and Lao Cai, part of a cross-border railway network that connects China with Vietnam's eastern coast.

China Pacific Insurance (Group) Co Ltd successfully issued Global Depository Receipts on the London Stock Exchange on Wednesday, making it the first Chinese mainland insurer to be listed in Shanghai, Hong Kong and London simultaneously.

China and the UK are both in a new stage of development. China will celebrate the 70th anniversary of the founding of the People's Republic and build a moderately prosperous society in all aspects. Here in the UK, Prime Minister Johnson has pledged to recover Britain's "natural and historic role as an enterprising, outward-looking and truly global Britain, generous in temper and engaged with the world".