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Chinese cloud services, meanwhile, will also help international companies tap the vast and opportunity-rich Chinese market, analysts said.
Chinese banks are also reducing staff amid pressure on their earnings. Last year, the four largest Chinese banks narrowly avoided their first decline in combined annual profit since 2004, thanks to cost cuts and lower-than-expected charges for bad loans.
Chinese investment in the UK is win-win. After four decades of British investment in China, in which British Petroleum, Unilever, GSK and other trailblazers made important contribution to China’s economic and social progress, investment has gone from a one-way street to two-way traffic. Britain is China’s second largest source of investment, as well as the second largest investment destination in Europe. From the ABP Royal Albert Dock on the Thames to the North Sea oil field in Scotland, Chinese investors are working for British economic growth. The companies involved, while benefiting in terms of technology, expertise and market, have in return contributed to the UK’s economic and social development through tax revenue and job opportunities.
Chinese actress Jiang Shuying, who studied in the UK for over two years and got a Master's degree in Media Economics from the University of East Anglia, was assigned as the official image ambassador of the 'Spirit of Youth'campaign. "I'm honored to be part of the Spirit of Youth campaign and to help inspire the youth of China through my experiences," said Jiang.
Chinese clothing brand Urban Revivo will open its first store outside Asia, in the United Kingdom, early next year as the "fast fashion" label expands.
来源：资阳报