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Chinese President Xi Jinping has said several times that nowadays a country cannot succeed on its own, Raffarin said, adding that the initiative is conducive to combating tendencies of excessive nationalism and protectionism.

China's reforms in its financial services markets will increase the methods that average savers can use to save for retirement, education, emergencies, or major purchases. Until recently, many put most of their money into low-return bank accounts.

China-UK trade and economic cooperation needs the support of our two governments. It also relies on the earnest collaboration between big companies such as the HSBC Group.

China, together with many countries, is working to transform this concept into reality.

China's policymakers have been trying to keep the real estate from overheating by requiring higher mortgage payments and limiting the number of homes that people can buy in big cities.