Jin Xu, minister counselor of the economic and commercial office of China's embassy in Britain, addresses the audience at the launch of China Chamber of Commerce in the UK on Dec 15, 2015 in London. [Photo by Jiang Shan/China Daily]

The launch ceremony also revealed the organization's new logo, which came about at the same time as the name change. The logo shows a large pillar in the middle and circular shapes surrounding it on both sides in the shape of the letter "C".

The pillar in the new logo symbolizes the organization's ability to stand tall, and the circular shape symbolizes globalization of the Chinese companies.

At the same event, Liu also gave a comprehensive speech on the strategic directions of China's 13th five year plan, and its implications for UK China relations. The 13th five year plan sets out the directions of China's growth between 2016-20.

Liu said that key strategic focus of China's next five years growth under the 13th five year plan are innovation, balanced growth, green economy, opening up and achieving inclusive development.

He said the new strategic roadmap of China's growth points out many obvious areas of cooperation between China and the UK, especially in the areas of trade and investment, financial cooperation, innovation and creative industries, urban planning and green economy.

These are areas in which China will see accelerated demand, and in which the UK already has expertise and experience.

To contact the reporter: cecily.liu@mail.chinadailyuk.com