
Produced every quarter, our Trackers provides an overview of the impact of trade with China, with a summary of findings, and a UK region-by-region breakdown, so as to help inform businesses, commentators, and policy makers. It draws on Government, HMT, DIT and ONS data, compiled by CBBC's specialist analysts.
Commenting on the latest Trade Tracker Report, CBBC's Chief Executive, Andrew Seaton says:
“The UK and China have a long history of trade and diplomatic ties going back over 400 years. With the right guardrails in place, we can enjoy a pragmatic trading relationship that works for the national interest, while standing up for our values.
“This is vital for supporting British jobs and our economy, particularly as we face some of the toughest challenges in a generation.
“The UK’s goods exports to China are very much concentrated on tapping into China’s growing consumer market – and not sensitive, strategic areas such as semiconductors, which are the top exports for the USA and Japan. Chinese consumers see ‘made in the UK’ as a mark of quality, and our automotive and food and drink products are particularly in demand.
“As the second largest economy in the world and with a growing middle-class, the Chinese market represents a unique opportunity for UK businesses – one that we cannot afford to waste if we are going to make Global Britain a reality.”