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UK and China to announce 'Northern Powerhouse' deals | UK and China to announce 'Northern Powerhouse' deals |
(about 5 hours later) | |
The UK and China are set to agree a number of partnerships meant to "unlock the potential" of the government's so-called Northern Powerhouse. | The UK and China are set to agree a number of partnerships meant to "unlock the potential" of the government's so-called Northern Powerhouse. |
PM David Cameron and Chinese President Xi Jinping will visit Manchester on the final day of Mr Xi's state visit. | PM David Cameron and Chinese President Xi Jinping will visit Manchester on the final day of Mr Xi's state visit. |
The first direct flights between Manchester Airport and China are among deals expected to be approved later. | The first direct flights between Manchester Airport and China are among deals expected to be approved later. |
Meanwhile, Chancellor George Osborne is to announce new devolution deals for the North East of England. | Meanwhile, Chancellor George Osborne is to announce new devolution deals for the North East of England. |
Mr Osborne's measures will mean Newcastle and Sunderland, and Tees Valley will both vote in a directly elected mayor in 2017. | Mr Osborne's measures will mean Newcastle and Sunderland, and Tees Valley will both vote in a directly elected mayor in 2017. |
Football academy | Football academy |
On the final day of Mr Xi's state visit, he and Mr Cameron will attend lunch at Manchester Town Hall alongside business, civic and community representatives. | On the final day of Mr Xi's state visit, he and Mr Cameron will attend lunch at Manchester Town Hall alongside business, civic and community representatives. |
The leaders will also visit Manchester Airport, where the new Hainan Airlines route, which the UK government says will provide a £50m boost to the Manchester economy, will be announced. | |
It will be the first direct route from the UK to China outside London. | |
Further deals set to be agreed include the appointing of a Beijing firm BCEG as main contractor for the Middlewood Locks regeneration project in Manchester, with the company expected to provide £4m to kickstart the project. | |
Education partnerships including schools and universities are also set to be agreed. | Education partnerships including schools and universities are also set to be agreed. |
What is the Northern Powerhouse? | What is the Northern Powerhouse? |
Mr Cameron said: "China is a key trading partner for the UK and the partnerships being made today will see real investment going into the north. | Mr Cameron said: "China is a key trading partner for the UK and the partnerships being made today will see real investment going into the north. |
"This is all part of this government's plan to attract more investment and deliver economic growth to an area of huge potential." | "This is all part of this government's plan to attract more investment and deliver economic growth to an area of huge potential." |
Mr Cameron and Mr Xi will also visit the Manchester City football academy. | Mr Cameron and Mr Xi will also visit the Manchester City football academy. |
They will meet current and former Manchester City and Manchester United players including Gary Neville, Patrick Vieira, Denis Law and Mike Summerbee. | They will meet current and former Manchester City and Manchester United players including Gary Neville, Patrick Vieira, Denis Law and Mike Summerbee. |
On Wednesday, the two leaders held talks at Chequers focusing on "domestic priorities and foreign policy issues". | On Wednesday, the two leaders held talks at Chequers focusing on "domestic priorities and foreign policy issues". |
Downing Street said they had agreed that early dialogue between the two countries could help find diplomatic solutions for global and regional security challenges. | Downing Street said they had agreed that early dialogue between the two countries could help find diplomatic solutions for global and regional security challenges. |
China and the UK | China and the UK |
What does China own in the UK? | What does China own in the UK? |
Banquets and tiaras: China reacts to Xi UK visit | Banquets and tiaras: China reacts to Xi UK visit |
China and 'the Osborne Doctrine' | China and 'the Osborne Doctrine' |
How China guards the Xi creation myth | How China guards the Xi creation myth |
Can UK be China's best partner in the West? | Can UK be China's best partner in the West? |
Who is President Xi Jinping? | Who is President Xi Jinping? |
Meanwhile, Mr Osborne hailed "historic" deals with the North East Combined Authority, which takes in councils including Newcastle and Sunderland, and Tees Valley. | Meanwhile, Mr Osborne hailed "historic" deals with the North East Combined Authority, which takes in councils including Newcastle and Sunderland, and Tees Valley. |
The North East deal will transfer powers over transport, strategic planning, employment and skills from Whitehall to the region. | The North East deal will transfer powers over transport, strategic planning, employment and skills from Whitehall to the region. |
It enables the authority to create an investment fund with an initial allocation of funding for capital financing of at least £30m a year for 30 years. | It enables the authority to create an investment fund with an initial allocation of funding for capital financing of at least £30m a year for 30 years. |
'Old model broken' | 'Old model broken' |
The Tees Valley deal will see its investment fund guaranteed at least £15m a year. | The Tees Valley deal will see its investment fund guaranteed at least £15m a year. |
"The old model of trying to run everything in our country from the centre of London is broken," Mr Osborne said. | "The old model of trying to run everything in our country from the centre of London is broken," Mr Osborne said. |
"It has led to an unbalanced economy and made people feel remote from the decisions that affect their lives." | "It has led to an unbalanced economy and made people feel remote from the decisions that affect their lives." |
He added: "I am determined to end this situation and I want to thank those civic leaders who want to work with us to achieve it." | He added: "I am determined to end this situation and I want to thank those civic leaders who want to work with us to achieve it." |