Forty-eight British groups visit Fengtai district to explore new opportunities for China-UK cooperation. [Photo/Beijing Investment Promotion Bureau]

On May 22, a delegation of entrepreneurs led by the UK’s 48 Group Club gathered at the Cloud Living Room in Lize Financial Business District, Fengtai district, Beijing. They engaged in a high-level dialogue with representatives from Chinese state-owned enterprises, private firms, and other organizations to promote cooperation in AI-powered healthcare, energy, and TechFin.

An official from the Beijing Investment Promotion Service Center outlined the city’s strengths and investment opportunities in technology innovation, healthcare, energy, finance, and artificial intelligence.

Fengtai district officials introduced the district’s investment advantages, focusing on industrial space, business environment, and foreign investment opportunities,, with special emphasis on the Lize Financial Business District.

Fengtai has developed a full lifecycle service system for enterprises, launched the Twelve Measures to Improve Fengtai's Business Environment ,and established the Beijing Fengtai RCEP Investment Promotion Service Center. Services such as a "one-stop service window for foreign enterprises" and the "green channel cards for government services" support business operations and talent innovation and entrepreneurship throughout the district.

UK firms including London Export Corporation, Alexander Myerson & Co Ltd, and Octopus Energy Group Ltd presented key projects. Chinese and UK companies engaged in practical discussions on overseas expansion, supply chain integration, and application scenario cooperation to identify partnership opportunities.

This event marks Fengtai’s innovative approach to attracting global quality resources through targeted investment and bilateral cooperation, providing a platform for China-UK business exchanges.

Jack Perry Jr, chairman of the 48 Group, expressed optimism about China’s AI-driven finance and tech growth and anticipated mutually beneficial cultural and business cooperation.

Alderman Timothy Hailes, Lord Mayor-elect of London, stressed the importance of strengthening East-West exchanges amid current global challenges and committed to promoting sustained win-win cooperation in financial field.