AutomotiveThe UK automotive sector is worth over ￡11 billion to the economy and accounts for 10% of total UK manufactured exports producing more than 2 million automotive engines in 2009. Eleven of the world’s volume vehicle manufacturers have a UK presence， supported by 19 of the world’s top 20 suppliers. More than 25，000 world-class engineers are employed in the UK’s motorsport valley putting the UK at the forefront of innovation in the automotive sector.The UK is home to Shanghai Automotive Industry Corporation’s (SAIC) new automotive design centre at Longbridge， Birmingham and Chang’An Automobile’s ￡20 million research and development centre at Nottingham Science Park.In 2009， China decisively overtook the USA as the world’s number one automotive market. Total vehicle sales in China reached 13.6 million. It is estimated that China would have sales of 17 million units in 2010. China is a market of significant opportunity for the automotive industry - not least in the development and introduction of new energy technologies. China aims to have 500，000 new energy vehicles on the roads in the next three years and green cars will account for 5% of total passenger car sales.China has also started subsidising new energy vehicles to help boost market demand. It aims to be the world’s largest new energy vehicle market by 2020 with 5 million cars and to sell over 15 million units of the most fuel-efficient vehicles in the world annually by then.Closer cooperation between UK and Chinese industry can be built on the UK’s strengths in providing advanced technology for premier brands.AirportsUK has established working relationships with the Civil Aviation Authority of China (CAAC). An airports sub working group under the JETC Aviation Working Group meets annually to discuss activities and projects of mutual interest such as environmental impact at airports. UK companies’ successes in China include:* Beijing Terminal 3 - designed by Foster + Partners with Arup， Vector Management and Davis Landon* Kunming Airport Terminal - designed by Arup* Chongqing Airport Terminal - designed by Llewellyn Davis architects and Arup* Changsha， Xian and Yinchuan Airport Terminals - designed by AtkinsThe JETC sub-group has also facilitated a MoU between the Universities of the CAAC and Manchester Metropolitan University (MMU) and a CAAC student recently successfully completed a degree in sustainable aviation at MMU.Environment and waterThe UK’s environment and water sector has a market value of ￡25 billion per year and a reputation for delivering world-leading capabilities and outstanding low carbon solutions and services. The UK is the world’s sixth largest environment goods and services market， with strong opportunities for investors in ultralow carbon vehicles technologies， carbon capture and storage， and offshore wind.In the next 10 years， China will face the increasing pressure of environmental protection and control due to continuing development of urbanisation and industrialisation. The central government has set the following key goals:* Water pollution treatment and control， with priority on safe drinking water and key river basin treatment* Urban pollution treatment and control， with the focus on urban wasterwater treatment and solid waste treatment* Air pollution control， mainly to decrease volume of SO2 emissions* Rural area pollution protection， with the priority on soil pollution protection* Enforce the protection of ecological environmentChina is a key market for the UK environment and water sector and it features in an ongoing programme of initiatives with the Sustainable Cities Programme and Low Carbon Green Campaign (launched in September 2010). Since 2008 UK Trade Investment (UKTI) has signed three MOUs with Wuhan， Chongqing and Changsha， under the top level MOU on UK-China collaboration on sustainable cities development. Trade missions focused on urban planning， green/energy saving building design， urban sustainable development， project management， environmental planning and engineering services， river basin treatment and management， wastewater treatment， Clean Development Mechanism (CDM) and environmental financing services， have visited both Wuhan and Chongqing.Financial and professional servicesThe City of London is the world’s leading international financial centre. An unrivalled concentration of firms， capital， professional advice and skills means more overseas financial institutions and investors choose to do business in and with the UK.China is a vital partner for the future development of the UK-based financial and professional services sector. Engagement between the UK and Chinese financial services sectors is broad and deep. The FSA， HM Treasury and Bank of England enjoy an unrivalled relationship with Chinese regulators in support of developments in the corporate bond market and SME financing.China’s financial services industry is growing strongly across sectors and offers broad business opportunities for UK companies. There are opportunities for UK companies in the asset management， banking， insurance， professional services， maritime services and education and training sectors.London is already home to subsidiaries of Bank of China， China International Capital Corporation(CICC)， the Industrial Commercial Bank of China (ICBC) and China Construction Bank; it also has offices of China Merchants Bank， Agricultural Bank of China and the Bank of Communications. Investors are also attracted to the UK’s position as a springboard to the EU， Middle East and North African markets.Creative industriesCreative industries currently con- tribute 6.2% to the British economy and are set to grow at more than 4% per annum over the next five years， employing 1.3 million people. Covering advertising， architecture， the art and antiques market， crafts， design， designer fashion， film， video games， music， the performing arts， publishing， software and computer services， and television and radio， UK creative industries are among the most successful in the world.The UK is the second biggest exporter of TV programming hours， with the largest music market in the EU and third largest worldwide. In computer games， the UK has the biggest developer base in Europe， employing around 10，000 people. In design， the UK is a global centre of excellence and innovation， generating over ￡4 billion in sales. 67% of international advertising agencies base their European HQs in London.Over the next ten years there are major opportunities in security， cloud computing， assisted living and digital advertising. ChangYou.com， one of China’s largest online games companies， and e- commerce company Alibaba.com have their European head quarters in London. Crystal Digital Technologies， a 2012 London Olympics sponsor， has also established its European operations in London to service its growing international business.The iconic UK pavilion at Shanghai Expo designed by Thomas Heatherwick was a symbol of UK’s creativity in China.
