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Zhao said China is willing to deepen friendly cooperative relations between the two countries according to the principles of equality and mutual benefit.

Two years ago, President Xi Jinping and President Obama had their historic meeting in Sunnylands, California. They agreed to build a new model of major country relations. A new chapter was opened in the history of China-US relations.

"They decided to enhance communication on UN peacekeeping, development cooperation, the 2030 agenda for sustainable development, food security, global health, and humanitarian assistance and disaster response."

With Chinese capacity of building high-speed railways and standards globally recognized, Britain has encouraged enterprises and financial institutes in China to participate in the HS2 railway project.

It means the Chinese currency is able to step in the field of international reserve currencies, thus the country does not need to bear the heavy burden of foreign currency reserves, with part of the assets released as an outward investment vehicle.