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Besides the capital city, Xi is also scheduled for a trip to Manchester, where the Chinese president will attend a banquet and visit research projects and local businesses.

I know that this agreement has drawn on the practices of existing multilateral development banks in many ways. It has also made some breakthroughs and explored new ways of operation. For example, in terms of governance structure, AIIB has, with reference to the common practice of multilateral development banks, set up a three-tiered structure, consisting of a board of governors, a board of directors and a management team. It has also put in place an oversight mechanism in line with the principle of transparency, openness, independence and accountability. It is specified in the agreement that the management team will be selected through an open, transparent and merit-based process. This is a new principle not included in the constitution of existing major multilateral development banks. Another example is that the AIIB places no restriction on the procurement of goods and services from any country, and again this is not the case in the other regional multilateral development banks.

Kim and Liu later attended a youth parade held at the square together.

Calling China and Britain "global powers" with shared interests in a stable and modern world, he said that as permanent members of the UN Security Council, the two countries should deepen cooperation across the globe.