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Richard Graham
UK Member of Parliament for Gloucester, chairman of the All-Party Parliamentary China Group
AGE:60

EDUCATION:

1986-89: Oxford University, MA in modern history

CAREER:

1993-95: Chief representative in China, Barings

1995-2010: Director of Baring Asset Management

May-November 2010: Member of the Work and Pensions Select Committee

2010 onward: Member of Parliament for Gloucester

2012 onward: Prime minister's trade envoy to Indonesia

2015 onward: Prime minister's trade envoy to the ASEAN economic community

2016 onward: Prime minister's trade envoy to the Philippines and Malaysia

July 2015 to June 2017: Member of the Work and Pensions Select Committee

September 2017: Member of the Select Committee on Exiting the European Union

Present: Chairman of the All-Party Parliamentary Groups for Indonesia, China, and Marine Energy and Tidal Lagoons

British MP hails progress, from fashion to business

Richard Graham has helped broker many important China-UK partnerships since the 1980s
Cecily Liu
Richard Graham was one of the five British members of the team. [Photo by Charles Blackmore/For China Daily]

If China-UK business relations were led by the works of British companies such as Swire and Barings four decades ago, today the landscape is starkly different.

More than 500 Chinese enterprises have set up offices in the UK, with a total of $21.8 billion invested in projects ranging from traditional sectors, such as trade, finance and telecommunications, to emerging industries like new energy, high-end manufacturing, infrastructure and research centers.

The UK has also become China's second-largest investment destination in the European Union, with China's nonfinancial direct investment in the country last year totaling $1.53 billion, according to Chinese government figures.

Graham stressed that the UK is an attractive destination for Chinese investment, particularly because its high-tech sector can help the Chinese economy achieve its next stage of reform and become a tech-focused and consumption-driven economy.

He cited the example of Chinese carmaker Geely's 2013 acquisition of Manganese Bronze, the maker of London's "black cabs" for more than six decades. After the acquisition, Geely invested 250 million pounds ($319 million) in its UK subsidiary to build a new, state-ofthe-art research, development and assembly facility.

Armed with the combination of Chinese investment and British high-tech manufacturing expertise, Geely now makes electric taxis in the English city of Coventry for global export.

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Richard Graham
UK Member of Parliament for Gloucester, chairman of the All-Party Parliamentary China Group
AGE:60

EDUCATION:

1986-89: Oxford University, MA in modern history

CAREER:

1993-95: Chief representative in China, Barings

1995-2010: Director of Baring Asset Management

May-November 2010: Member of the Work and Pensions Select Committee

2010 onward: Member of Parliament for Gloucester

2012 onward: Prime minister's trade envoy to Indonesia

2015 onward: Prime minister's trade envoy to the ASEAN economic community

2016 onward: Prime minister's trade envoy to the Philippines and Malaysia

July 2015 to June 2017: Member of the Work and Pensions Select Committee

September 2017: Member of the Select Committee on Exiting the European Union

Present: Chairman of the All-Party Parliamentary Groups for Indonesia, China, and Marine Energy and Tidal Lagoons

British MP hails progress, from fashion to business

Richard Graham has helped broker many important China-UK partnerships since the 1980s
Cecily Liu
Richard Graham was one of the five British members of the team. [Photo by Charles Blackmore/For China Daily]

If China-UK business relations were led by the works of British companies such as Swire and Barings four decades ago, today the landscape is starkly different.

More than 500 Chinese enterprises have set up offices in the UK, with a total of $21.8 billion invested in projects ranging from traditional sectors, such as trade, finance and telecommunications, to emerging industries like new energy, high-end manufacturing, infrastructure and research centers.

The UK has also become China's second-largest investment destination in the European Union, with China's nonfinancial direct investment in the country last year totaling $1.53 billion, according to Chinese government figures.

Graham stressed that the UK is an attractive destination for Chinese investment, particularly because its high-tech sector can help the Chinese economy achieve its next stage of reform and become a tech-focused and consumption-driven economy.

He cited the example of Chinese carmaker Geely's 2013 acquisition of Manganese Bronze, the maker of London's "black cabs" for more than six decades. After the acquisition, Geely invested 250 million pounds ($319 million) in its UK subsidiary to build a new, state-ofthe-art research, development and assembly facility.

Armed with the combination of Chinese investment and British high-tech manufacturing expertise, Geely now makes electric taxis in the English city of Coventry for global export.

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