George Osborne will today hail a new era in Britain's relations with China as ministers predicted a massive surge of investment from the Asian economic dynamo to build a new generation of nuclear power stations for the UK.
The Chancellor, who is leading a high-powered ministerial and business delegation to China, will use a keynote speech to students in Beijing to call for the two countries to take the "next big step" in their relationship.
Arriving yesterday in the Chinese capital, Mr Osborne announced a relaxation of the visa rules for Chinese nationals - amid complaints the current regime is a deterrent to more high-spending visitors coming to the UK.
Boris Johnson and George Osborne head south today on their trade missions to China - the first after a chilly period in political relations.
Chancellor George Osborne has announced two new deals with China, one on nuclear power and the other on Chinese banks in the UK.
The Chancellor George Osborne aims to build bridges with China in his high profile trade mission to the country.