Following the dialogue, Hu and Hammond attended a joint press conference, after which Hu also met with British Prime Minister Theresa May.

On Monday morning, prior to the dialogue, Hu and Hammond attended the launch ceremony of the Shanghai-London Stock Connect, under which Shanghai-listed companies can list on the London Stock Exchange via Global Depositary Receipts (GDRs) issuance, while British companies can issue China Depositary Receipts (CDRs) on the Shanghai Stock Exchange.

The launch of the mechanism marks a crucial step in China's capital market opening-up and a major part of the China-UK pragmatic cooperation in the financial sector, the China Securities Regulatory Commission (CSRC) said on Monday.

Nanjing-based Huatai Securities became the first Chinese company to list in the UK via the long-awaited mechanism.

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