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George Osborne hails relationship with China amid questions over '£40bn' deals

Published 23/10/2015

Handout photo issued Manchester City Football Club of the striker Sergio Aguero taking a selfie with Chinese President Xi Jinping and Prime Minister David Cameron as they visited the City Football Academy in Manchester on the last day of the state visit to the UK. PA
Handout photo issued Manchester City Football Club of the striker Sergio Aguero taking a selfie with Chinese President Xi Jinping and Prime Minister David Cameron as they visited the City Football Academy in Manchester on the last day of the state visit to the UK. PA
Xi Jinping and David Cameron will be in Manchester for the final day of the Chinese President's state visit to the UK.

President Xi Jinping's state visit has cemented the UK's position as China's "best partner in the West", George Osborne declared as he defended ministers' failure to address human rights and other concerns in public.

The Chancellor said the benefits to Britain of a "mature" relationship with the "great nation" were clear in a series of new commercial deals signed during the stay - though questions remained about a claim they were worth £40 billion.

Three days of red carpet wooing of Mr Xi aimed at fostering a "golden era" of relations with Beijing concluded with the football-mad leader being introduced to star players including Sergio Aguero at Manchester City.

He flew out of the country, with wife Madam Peng Liyuan, from the city's airport where he and David Cameron had unveiled new direct flights to the Chinese capital, operated by Hainan Airlines.

Downing Street issued a list of 36 commercial deals agreed during the visit which added up to around £34 billion - with another £6 billion said to be tied up in agreements that could not be detailed because of commercial confidentiality or sensitivity.

Expectations of the total value went up rapidly during the visit, with Business Secretary Sajid Javid suggesting £25 billion, then Downing Street said £30 billion before Mr Cameron trumpeted the £40 billion figure at a business summit.

Among the biggest were a £6 billion Chinese investment in building two new nuclear reactors at Hinkley Point C, BP's agreement to supply £6.5 billion of liquefied natural gas, and £1.56 billion of Rolls Royce aero engines.

But the list appeared to contain some agreements - such as a memorandum of understanding said to be worth £1 billion for the creation of a "Garden of Ideas" in China - which had been announced previously.

The £6 billion value put on an investment deal with Oxford University on regenerative medicine research was said to have included funds "earmarked" for future commercial exploitation, not just the £1.5 billion initial injection.

Those of unspecified value involved BP, Cambridge Education Limited, Merlin, Tang Culture Group, Uppingham School and BBC Worldwide, Number 10 said.

Britain's Queen Elizabeth II (R) shakes hands with China's President Xi Jinping (L) at the royal pavilion on Horse Guards Parade in central London on October 20, 2015, during Xi's ceremonial welcome on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / CHRIS JACKSONChris Jackson/AFP/Getty Images
Britain's Queen Elizabeth II (R) shakes hands with China's President Xi Jinping (L) at the royal pavilion on Horse Guards Parade in central London on October 20, 2015, during Xi's ceremonial welcome on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / CHRIS JACKSONChris Jackson/AFP/Getty Images
China's President, Xi Jinping (L), accompanied by Prince Philip (behind, not pictured) reviews an honour guard on October 20, 2015 in London, England. The President of the People's Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Carl Court/Getty Images)
TOPSHOTS Members of the King's Troop Royal Horse Artillery ride into Buckingham Palace in central London on October 20, 2015 during the carriage procession as part of the ceremonial welcome for Chinese President Xi Jinping and his wife Peng Liyuan on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / TOBY MELVILLETOBY MELVILLE/AFP/Getty Images
A protester at The Mall in London, as Chinese President Xi Jinping and his wife Peng Liyuan arrive on the first day of their state visit to the UK. PRESS ASSOCIATION Photo. Picture date: Tuesday October 20, 2015. See PA story ROYAL China. Photo credit should read: John Stillwell/PA Wire
MoD handout photo of the Duke of Edinburgh and Chinese President Xi Jinping inspecting the troops at Horse Guards Parade, London, during the ceremonial welcome for the president on the first day of his state visit to the UK. PRESS ASSOCIATION Photo. Picture date: Tuesday October 20, 2015. See PA story ROYAL China. Photo credit should read: Sgt Rupert Frere/MoD Crown Copyright/PA Wire NOTE TO EDITORS: This handout photo may only be used in for editorial reporting purposes for the contemporaneous illustration of events, things or the people in the image or facts mentioned in the caption. Reuse of the picture may require further permission from the copyright holder.
Labour Party leader Jeremy Corbyn talks with the President of The PeopleÄôs Republic of China, Mr Xi Jinping, on the first day of the President's state visit to the UK. PRESS ASSOCIATION Photo. Picture date: Tuesday October 20, 2015. See PA story ROYAL China. Photo credit should read: Yui Mok/PA Wire
President of The People's Republic of China, Mr Xi Jinping and China's First Lady Peng Liyuan, meet the Prince of Wales and the Duchess of Cornwall at Clarence House, London for China Tea on the first day of the President's state visit to the UK. PRESS ASSOCIATION Photo. Picture date: Tuesday October 20, 2015. See PA story ROYAL China. Photo credit should read: Eddie Mulholland/Daily Telegraph/PA Wire
President of The People's Republic of China, Mr Xi Jinping and China's First Lady Peng Liyuan, meet the Prince of Wales and the Duchess of Cornwall at Clarence House, London for China Tea on the first day of the President's state visit to the UK. PRESS ASSOCIATION Photo. Picture date: Tuesday October 20, 2015. See PA story ROYAL China. Photo credit should read: Eddie Mulholland/Daily Telegraph/PA Wire
President of The People's Republic of China, Mr Xi Jinping and China's First Lady Peng Liyuan, with Royal harpist Anne Denholm as they tmeet the Prince of Wales and the Duchess of Cornwall at Clarence House, London for China Tea on the first day of the President's state visit to the UK. PRESS ASSOCIATION Photo. Picture date: Tuesday October 20, 2015. See PA story ROYAL China. Photo credit should read: Eddie Mulholland/Daily Telegraph/PA Wire
Demonstrators outside Buckingham Palace in London ahead of this evening's state banquet to honour China President Xi Jinping on the first full day of his state visit to the UK. PRESS ASSOCIATION Photo. Picture date: Tuesday October 20, 2015. See PA story ROYAL China. Photo credit should read: Gareth Fuller/PA Wire
(Left to right) The Duke of Edinburgh, Queen Elizabeth II, Chinese President Xi Jinping, and his wife Peng Liyuan, view a display of Chinese items from the Royal Collection at Buckingham Palace in London, during the first day of the Chinese state visit. PRESS ASSOCIATION Photo. Picture date: Tuesday October 20, 2015. See PA story ROYAL China. Photo credit should read: Matt Dunham/PA Wire
Chinese President Xi Jinping during the ceremonial welcome on Horse Guards Parade for the Chinese President on the first day of his state visit to the UK. PRESS ASSOCIATION Photo. Picture date: Tuesday October 20, 2015. See PA story ROYAL China. Photo credit should read: Nick Ansell/PA Wire
The Duke of Edinburgh accompanies Chinese President Xi Jinping (left), as he inspects a Guard of Honour during the ceremonial welcome on Horse Guards Parade, London, for the President on the first day of his state visit to the UK. PRESS ASSOCIATION Photo. Picture date: Tuesday October 20, 2015. See PA story ROYAL China. Photo credit should read: Chris Jackson/PA Wire
Britain's Camilla, Duchess of Cornwall, Britain's Prince Charles, Prince of Wales, China's President Xi Jinping and his wife Peng Liyuan pose as they meet for tea at Clarence House in central London on October 20, 2015, on the first official day of Xi's state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / EDDIE MULHOLLANDEDDIE MULHOLLAND/AFP/Getty Images
British opposition Labour Party leader, Jeremy Corbyn, (R) meets with China's President Xi Jinping at Buckingham Place in London on October 20, 2015, on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / YUI MOK / POOLYUI MOK/AFP/Getty Images
Britain's Prince William, Duke of Cambridge, (R) meets with China's President Xi Jinping at Buckingham Place in London on October 20, 2015, on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / YUI MOK / POOLYUI MOK/AFP/Getty Images
Britain's Prince William, Duke of Cambridge, (L) meets with China's President Xi Jinping at Buckingham Place in London on October 20, 2015, on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / YUI MOK / POOLYUI MOK/AFP/Getty Images
China's President Xi Jinping delivers a speech to lawmakers in the Royal Gallery in the Palace of Westminster in London on October 20, 2015, on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / DAN KITWOODDan Kitwood/AFP/Getty Images
Britain's Queen Elizabeth II reacts as she travels with Chinese President Xi Jinping to Buckingham Palace in London, in the horse-drawn Diamond Jubilee State Coach on October 20, 2015, following the Chinese president's ceremonial welcome on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / RICHARD POHLERICHARD POHLE/AFP/Getty Images
Britain's Queen Elizabeth II (L) shakes hands with China's First Lady Peng Liyuan (C) as Britain's Prince Philip, Duke of Edinburgh (2nd R) looks on at the royal pavilion on Horse Guards Parade in central London on October 20, 2015, during the Chinese president's ceremonial welcome on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / CHRIS JACKSONChris Jackson/AFP/Getty Images
Britain's Queen Elizabeth II and Chinese President Xi Jinping si aboard the horse-drawn Diamond Jubilee State Coach before travelling to Buckingham Palace in London on October 20, 2015, following the Chinese president's ceremonial welcome at Horse Guards Parade on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / CHRIS JACKSONChris Jackson/AFP/Getty Images
Britain's Queen Elizabeth II and Chinese President Xi Jinping travel in the horse-drawn Diamond Jubilee State Coach to Buckingham Palace in London on October 20, 2015, following the Chinese president's ceremonial welcome on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / YUI MOKYUI MOK/AFP/Getty Images
Britain's Queen Elizabeth II and Chinese President Xi Jinping travel in the horse-drawn Diamond Jubilee State Coach to Buckingham Palace in London on October 20, 2015, following the Chinese president's ceremonial welcome on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / YUI MOKYUI MOK/AFP/Getty Images
Britain's Prince Charles, Prince of Wales (L), and Britain's Camilla, Duchess of Cornwall, look on at the royal pavilion on Horse Guards Parade in central London on October 20, 2015, during the Chinese president's ceremonial welcome on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / CHRIS JACKSONChris Jackson/AFP/Getty Images
Britain's Queen Elizabeth II (L) and China's First Lady Peng Liyuan look on at the royal pavilion on Horse Guards Parade in central London on October 20, 2015, during the Chinese president's ceremonial welcome on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / ALASTAIR GRANTALASTAIR GRANT/AFP/Getty Images
Britain's Queen Elizabeth II (R) shakes hands with China's President Xi Jinping (L) on Horse Guards Parade in central London on October 20, 2015, during Xi's ceremonial welcome on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / CHRIS JACKSONChris Jackson/AFP/Getty Images
An officer of the Grenadier Guards leans out of a file of Guardsmen to check their positions in the guard of honour on Horse Guards Parade in central London on October 20, 2015 ahead of the ceremonial welcome for Chinese President Xi Jinping and his wife Peng Liyuan on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / RICHARD POHLERICHARD POHLE/AFP/Getty Images
Chinese President Xi Jinping (L) inspects the guard of honour on Horse Guards Parade in central London on October 20, 2015 during the ceremonial welcome for Chinese President Xi Jinping and his wife Peng Liyuan on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / ALASTAIR GRANTALASTAIR GRANT/AFP/Getty Images
Chinese President Xi Jinping (C) inspects the guard of honour on Horse Guards Parade in central London on October 20, 2015 during the ceremonial welcome for Chinese President Xi Jinping and his wife Peng Liyuan on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / ALASTAIR GRANTALASTAIR GRANT/AFP/Getty Images
China's First Lady Peng Liyuan (C) greets dignitaries flanked by Britain's Prince Philip, Duke of Edinburgh (L), at the royal pavilion on Horse Guards Parade in central London on October 20, 2015, during the ceremonial welcome for Chinese President Xi Jinping and his wife on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / ALASTAIR GRANTALASTAIR GRANT/AFP/Getty Images
Chinese President Xi Jinping (C) and Britain's Prince Philip, Duke of Edinburgh (L) inspect the guard of honour on Horse Guards Parade in central London on October 20, 2015 during the ceremonial welcome for Chinese President Xi Jinping and his wife Peng Liyuan on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / RICHARD POHLERICHARD POHLE/AFP/Getty Images
Chinese President Xi Jinping (L) and Britain's Prince Philip, Duke of Edinburgh (back) inspect the guard of honour on Horse Guards Parade in central London on October 20, 2015 during the ceremonial welcome for Chinese President Xi Jinping and his wife Peng Liyuan on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / RICHARD POHLERICHARD POHLE/AFP/Getty Images
A protester carrying a Tibet flag is surrounded by activists holding a large Chinese flag on the Mall in central London on October 20, 2015 ahead of the carriage procession as part of the ceremonial welcome for Chinese President Xi Jinping and his wife Peng Liyuan on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / JACK TAYLORJACK TAYLOR/AFP/Getty Images
Armed police officers patrol in front of anti-Chinese government protesters positioned on the Mall in central London on October 20, 2015 for the carriage procession as part of the ceremonial welcome for Chinese President Xi Jinping and his wife Peng Liyuan on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / JACK TAYLORJACK TAYLOR/AFP/Getty Images
Chinese President Xi Jinping (L) and Britain's Prince Philip, Duke of Edinburgh (R) inspect the guard of honour on Horse Guards Parade in central London on October 20, 2015 during the ceremonial welcome for Chinese President Xi Jinping and his wife Peng Liyuan on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / CHRIS JACKSONChris Jackson/AFP/Getty Images
Wife of Chinese President Xi Jinping, Peng Liyuan (L) talks with Britain's Camilla, Duchess of Cornwall (R) as they leave a hotel in central London on October 20, 2015 on the first official day of a state visit. Chinese President Xi Jinping arrived for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world's second-largest economy. AFP PHOTO / POOL / JUSTIN TALLISJUSTIN TALLIS/AFP/Getty Images
LONDON, ENGLAND - OCTOBER 20: Prince William, Duke of Cambridge shakes hands with the China's President, Xi Jinping on the first day of the President's state visit on October 20, 2015 in London, England. The President of the People's Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of the Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Yui Mok - WPA Pool /Getty Images)
LONDON, ENGLAND - OCTOBER 20: Pro-China and Tibetan independence activists demonstrate near Parliament ahead of a visit by China's President, Xi Jinping on October 20, 2015 in London, England. The President of the People's Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Carl Court/Getty Images)
LONDON, ENGLAND - OCTOBER 20: Pro-China activist demonstrate near Parliament ahead of a visit by China's President, Xi Jinping on October 20, 2015 in London, England. The President of the People's Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Carl Court/Getty Images)
LONDON, ENGLAND - OCTOBER 20: Pro-China and Tibetan independence activists demonstrate near Parliament ahead of a visit by China's President, Xi Jinping on October 20, 2015 in London, England. The President of the People's Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Carl Court/Getty Images)
LONDON, ENGLAND - OCTOBER 20: A pro-China activist holds a Chinese flag as he demonstrates near Parliament ahead of a visit by China's President, Xi Jinping on October 20, 2015 in London, England. The President of the People's Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Carl Court/Getty Images)
LONDON, ENGLAND - OCTOBER 20: A member of the Household Cavalry marches onto Horseguards Parade ahead of the Official Ceremonial Welcome for the Chinese State Visit on October 20, 2015 in London, England. The President of the Peoples Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Chris Jackson - WPA Pool /Getty Images)
LONDON, UNITED KINGDOM - OCTOBER 20: China's First Lady Peng Liyuan walks with Prince Philip, Duke of Edinburgh, as they arrive at Buckingham Palace on October 20, 2015 in London, England. The President of the Peoples Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Leon Neal - WPA Pool/Getty Images)
LONDON, UNITED KINGDOM - OCTOBER 20: Chinese First Lady Peng Liyuan greets dignitaries during the official welcome ceremony at Horseguards Parade on October 20, 2015 in London, England. The President of the Peoples Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Alastair Grant - WPA Pool/Getty Images)
LONDON, UNITED KINGDOM - OCTOBER 20: Chinese President Xi Jinping inspects a guard of honour during the official welcome ceremony at Horseguards Parade on October 20, 2015 in London, England. The President of the Peoples Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Alastair Grant - WPA Pool/Getty Images)
LONDON, UNITED KINGDOM - OCTOBER 20: Spectators wait for Queen Elizabeth II and President of The People's Republic of China, Mr Xi Jinping, to pass along The Mall after the ceremonial welcome on Horse Guards Parade on October 20, 2015 in London, England. The President of the Peoples Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Yui Mok - WPA Pool/Getty Images)
LONDON, UNITED KINGDOM - OCTOBER 20: Spectators wait for Queen Elizabeth II and President of The People's Republic of China, Mr Xi Jinping, to pass along The Mall after the ceremonial welcome on Horse Guards Parade on October 20, 2015 in London, England. The President of the Peoples Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Yui Mok - WPA Pool/Getty Images)
LONDON, UNITED KINGDOM - OCTOBER 20: Spectators wait for Queen Elizabeth II and President of The People's Republic of China, Mr Xi Jinping, to pass along The Mall after the ceremonial welcome on Horse Guards Parade on October 20, 2015 in London, England. The President of the Peoples Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Yui Mok - WPA Pool/Getty Images)
LONDON, UNITED KINGDOM - OCTOBER 20: Queen Elizabeth II and President of The People's Republic of China, Xi Jinping, ride in the Diamond Jubilee State Coach along The Mall after the ceremonial welcome on Horse Guards Parade for the Chinese President on the first day of his state visit to the UK on October 20, 2015 in London, England. The President of the Peoples Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Yui Mok - WPA Pool/Getty Images)
LONDON, ENGLAND - OCTOBER 20: Prime Minister David Cameron talks with Home Secretary Theresa May after greeting China's President, Xi Jinping, at an honour guard on October 20, 2015 in London, England. The President of the People's Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Carl Court/Getty Images)
LONDON, ENGLAND - OCTOBER 20: Household Cavalry on Horseguards Parade ahead of the Official Ceremonial Welcome for the Chinese State Visit on October 20, 2015 in London, England. The President of the Peoples Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Chris Jackson - WPA Pool /Getty Images)
LONDON, ENGLAND - OCTOBER 20: A Pro-China supporter wears stickers with the Chinese flag on during a counter protest held nearby Amnesty International who are protesting against claims of a deterioration in human rights and censorship of the internet and media during a state visit by Chinese President Xi Jinping on October 20, 2015 in London, England. The President of the People's Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Ben Pruchnie/Getty Images)
LONDON, ENGLAND - OCTOBER 20: Pro-China supporters perform a dragon dance infront of supporters of Amnesty International who are protesting against claims of a deterioration in human rights and censorship of the internet and media during a state visit by Chinese President Xi Jinping on October 20, 2015 in London, England. The President of the People's Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Ben Pruchnie/Getty Images)
LONDON, ENGLAND - OCTOBER 20: A Pro-China supporter wears stickers with the Chinese flag on during a counter protest held nearby Amnesty International who are protesting against claims of a deterioration in human rights and censorship of the internet and media during a state visit by Chinese President Xi Jinping on October 20, 2015 in London, England. The President of the People's Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Ben Pruchnie/Getty Images)
LONDON, ENGLAND - OCTOBER 20: A small girl waves a Chinese flag during a counter protest held by Pro-China supporters nearby Amnesty International who are protesting against claims of a deterioration in human rights and censorship of the internet and media during a state visit by Chinese President Xi Jinping on October 20, 2015 in London, England. The President of the People's Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Ben Pruchnie/Getty Images)
LONDON, ENGLAND - OCTOBER 20: A man holds a scarf with the slogan "Free Tibet" on as supporters of Amnesty International protest against claims of a deterioration in human rights and censorship of the internet and media during a state visit by Chinese President Xi Jinping on October 20, 2015 in London, England. The President of the People's Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Ben Pruchnie/Getty Images)
LONDON, ENGLAND - OCTOBER 20: A Pro-China supporter wears stickers with the Chinese flag during counter protest held nearby Amnesty International who are protesting against claims of a deterioration in human rights and censorship of the internet and media during a state visit by Chinese President Xi Jinping on October 20, 2015 in London, England. The President of the People's Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Ben Pruchnie/Getty Images)
LONDON, UNITED KINGDOM - OCTOBER 20: The President of China, Xi Jinping, is driven to Horse Guards Parade for a ceremonial welcome on October 20, 2015 in London, England. The President of the Peoples Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Toby Melville - WPA Pool/Getty Images)
LONDON, ENGLAND - OCTOBER 20: Prime Minister David Cameron ties his shoe laces during the Official Ceremonial Welcome for the Chinese State Visit on October 20, 2015 in London, England. The President of the Peoples Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Chris Jackson - WPA Pool /Getty Images)
LONDON, ENGLAND - OCTOBER 20: Chinese President Xi Jinping reviews a Guard of Honour on Horseguards Parade during the Official Ceremonial Welcome for the Chinese State Visit on October 20, 2015 in London, England. The President of the Peoples Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Chris Jackson - WPA Pool /Getty Images)
LONDON, ENGLAND - OCTOBER 20: Queen Elizabeth II shakes hands with Chinese President Xi Jinping on Horseguards Parade during the Official Ceremonial Welcome for the Chinese State Visit on October 20, 2015 in London, England. The President of the Peoples Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Chris Jackson - WPA Pool /Getty Images)
LONDON, ENGLAND - OCTOBER 20: Pro-China supporters perform a dragon dance infront of supporters of Amnesty International who are protesting against claims of a deterioration in human rights and censorship of the internet and media during a state visit by Chinese President Xi Jinping on October 20, 2015 in London, England. The President of the People's Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Ben Pruchnie/Getty Images)
LONDON, ENGLAND - OCTOBER 20: Pro-China supporters perform a dragon dance infront of a supporter of Amnesty International who is holding a sign with the slogan "stand up for the oppressed in China and Tibet". Amnesty International are protesting against claims of a deterioration in human rights and censorship of the internet and media during a state visit by Chinese President Xi Jinping on October 20, 2015 in London, England. The President of the People's Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Ben Pruchnie/Getty Images)
LONDON, ENGLAND - OCTOBER 20: Pro-China supporters perform a dragon dance infront of supporters of Amnesty International who are protesting against claims of a deterioration in human rights and censorship of the internet and media during a state visit by Chinese President Xi Jinping on October 20, 2015 in London, England. The President of the People's Republic of China, Mr Xi Jinping and his wife, Madame Peng Liyuan, are paying a State Visit to the United Kingdom as guests of The Queen. They will stay at Buckingham Palace and undertake engagements in London and Manchester. The last state visit paid by a Chinese President to the UK was Hu Jintao in 2005. (Photo by Ben Pruchnie/Getty Images)

A Financial Times analysis concluded the figures may have involved some "generous interpretation" to hit the total.

Cheering supporters of Mr Xi - apparently partly stage managed by officials - again outnumbered protesters in Manchester demanding action to improve China's record on human rights.

Mr Cameron said he raised Beijing's abuses in private talks with the president, as well as other contentious issues such as the collapse of the UK's steel industry in the face of cheap Chinese imports and alleged "dumping".

Handout photo dated 23/10/15 provided by MCFC of (from left to right) Chinese President Xi Jinping, Manchester City's Sergio Aguero and Prime Minister David Cameron during a visit to the City Football Academy in Manchester. PA
Handout photo dated 23/10/15 provided by MCFC of (from left to right) Chinese President Xi Jinping, Manchester City's Sergio Aguero and Prime Minister David Cameron during a visit to the City Football Academy in Manchester. PA

The Chancellor rejected claims that the Government has been "kowtowing" to Beijing to secure its investment and had failed - unlike other European countries such as Germany - to discuss contentious issues openly.

"Whether it is long-term projects on nuclear power in the West Country, science in Manchester, manufacturing in Scotland, we've got billions of pounds of Chinese investment creating thousands of jobs in Britain," Mr Osborne told the BBC.

"And we've also now got a relationship where we can discuss difficult issues - whether it is the future of the steel industry, cyber security or indeed human rights - with the Chinese because we are having that dialogue.

"You can see the direct benefits in this country of that conversation: the 250,000 jobs that depend on Chinese investment and our relationship with that great nation.

"I want that to be strengthened so that we have the dialogue, we get the jobs and our economic plan delivers higher living standards for people here.

"We have a mature relationship with China and I think at the end of this week we have cemented that position of being China's best partner in the West precisely because we talk about a whole range of issues."

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