Chancellor call with Vice Premier He Lifeng of China: 8 October 2026
The UK Chancellor and China’s Vice Premier He Lifeng discussed strengthening economic ties, reaffirming a strategic approach to UK-China relations and planning for the next Economic and Financial Dialogue in London.
The Chancellor of the Exchequer held a call with Vice Premier He Lifeng of China on 8 October 2026 to discuss bilateral relations. The Chancellor emphasised a consistent, long-term and strategic approach to the UK’s engagement with China, prioritising UK and global interests. Both sides reaffirmed their commitment to pragmatic cooperation aimed at supporting economic growth and financial stability. They highlighted the importance of the UK-China relationship across trade, investment and financial services.
The Chancellor confirmed his intention to host Vice Premier He Lifeng in London for the next Economic and Financial Dialogue. As members of the G20, they discussed the need to collaborate on supporting the international financial system and addressing global economic challenges. The dialogue underscored the shared responsibility to maintain stability in the global economy.
The Chancellor outlined his approach to engaging frankly and constructively on issues of mutual concern, including macroeconomic imbalances and Russia’s war in Ukraine. He stressed the importance of open and transparent discussions to address shared challenges. The commitment to constructive dialogue was a central theme of the conversation.
Both leaders agreed to maintain ongoing dialogue on mutual economic and financial priorities. They committed to further exchanges to strengthen cooperation and address areas of common interest. The call concluded with a shared determination to advance practical collaboration between the UK and China.