The UK is the technology capital of Europe, generating more output and attracting more technology-driven investment than any other European country. It is well-known as the leading global centre of innovation for big data analytics and AI, while London is a leading global centre for fintech innovation. All of this is of interest to Chinese investors and companies, especially in those areas where there is a technology gap between China and the UK.
China has developed at an astonishing rate over the last 30 years however the implementation of effective healthcare delivery across the country has struggled to keep pace with other reforms. This increased growth in spending on China’s healthcare and life sciences sector has provided many opportunities for UK companies operating within this area which are seeking to grow their business in China.