In 2018, the global economy is more interconnected and interdependent than ever before. The nature of international trade means that decisions made by governments and businesses in one country can have a deep and lasting impact on workers and high streets half a world away.
Any government that is serious about the economic prosperity and security of its people and businesses must have an international outlook, and must be prepared to reach out around the world and secure agreements abroad that ensure jobs and prosperity at home.
For a global trading nation like the UK it is doubly important, which is why I am travelling to China at a crucial moment in the history of both our countries.
As China opens up to the world, its fast-growing economy is already helping British businesses. It is creating new markets for a vast range of products, from milk to motorcycles to the latest innovative technology. It is turning the spotlight on new partners that British innovators can work with to develop ideas and bring them to market. And it is delivering a new source of capital that — with the appropriate safeguards in place — can help us to invest in the future of our country. Together, that means a stronger British economy and more and better jobs for British workers.