China in £200m York University deal

President Xi was honoured with a state banquet last night
President Xi was honoured with a state banquet last night
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A DEAL which will see Chinese investors back a £200 million York University initiative was announced as Chinese president Xi Jinping began the second day of his state visit to the UK today.

The agreement will see 300 students a year from China and other countries travel to York for a TV training programme delivered in new facilities.

The deal with the China Capital Investment Group (CCIG) was among a number involving closer co-operation between Britain and China unveiled today.

Prime Minister David Cameron said: “This £200m programme is a huge achievement for the University of York and will provide an excellent facility for students both from China and across the Northern Powerhouse area.

“It also shows how our long-term economic plan is working for all of the UK by attracting investment and ensuring people have the chance to get on, offering them security and opportunity.”

Other agreements announced today include plans to showcase a Sherlock special in China, a £50 million tie up to develop a new Aston Martin sports car and a deal that will see Merlin Entertainments, the firm behind attractions such as Sea Life Centre and Madame Tussauds, opening new outlets in China.

The York University agreement will be signed later today at an event at Lancaster House, in London, celebrating cultural links attended by President Xi and Prince William.

Professor Koen Lamberts, vice-chancellor of York University, said: “We are very pleased to continue to develop our discussions with CCIG to deliver high quality programmes to excellent students.

"There is much work to be done to finalise the details but we are confident that this represents a remarkable shared opportunity for York and CCIG.

“York is a university with an excellent reputation for the quality of its teaching and research. We believe that education delivered with a global context provides excellent preparation for

all of our students to compete at the highest level anywhere.”