London, March 6-- Despite the COVID-19 outbreak, people from business and economics circles in Britain are showing their strong confidence in the resilience of China's economy. "Companies have been driven to look at optimizing costs in their supply chain under the novel coronavirus, but I cannot say that companies will exit China due to this," said Nick Jordan, chief executive officer from Trade Horizons. The Chinese market is enormous with accelerating opening-up, all of which makes it difficult to be replaced, Jordan told Xinhua during an event hosted by the City of London and the China Chamber of Commerce in the UK recently. According to Lord James Sassoon, chairman of the China-Britain Business Council, a member of the council has just signed a major contract in Shanghai, China recently, a move that shows the confidence in the Chinese economy. Twenty-one foreign investment projects were signed last week in Shanghai's Pudong New Area, with a total contract value of over 1.7 billion U.S. dollars. The investment will go to a wide range of fields including supply chain management, smart manufacturing, medical supplies and equipment, and assets management, with projects funded by industry-leading players from Britain, the United States, Singapore, Japan and Switzerland, among others. "I hope Britain and China will continue to strengthen business cooperation, and the economic and trade cooperation between the two countries will rise to a new level after the epidemic," said Lord Sassoon. |