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On 21 October 2015, China and UK inked the Memorandum of Understanding on Cooperation in the Fields of Infrastructure, Public Utilities and Their Investment & Financing Including Concessionary Operations to further expand and deepen cooperation between China and UK in the field of PPP (Public-Private-Partnership).
According to the Memorandum of Understanding, China and UK will strengthen dialogues over policies guiding infrastructure, public utilities and their investment & financing methods including concessionary operations.