British-Swedish pharmaceutical giant AstraZeneca said on Thursday it plans to invest US$15 billion in China through 2030, signalling renewed momentum in Sino-UK commercial ties. The investment – the biggest deal announced so far during UK Prime Minister Keir Starmer’s trip to Beijing aimed at strengthening trade ties – will support expanded medicines manufacturing as well as research and development (R&D), the company said in a statement. AdvertisementStarmer’s four-day trip marks the first visit to China by a British prime minister in eight years and comes as London seeks closer economic cooperation with Beijing amid strained relations with Washington. During talks on Thursday, Chinese President Xi Jinping called for a “new chapter” in Sino-UK relations and urged deeper dialogue and cooperation in what he described as a complex and volatile global environment, according to state news agency Xinhua. AdvertisementStarmer said it was “crucial” for both countries to pursue a long-term and stable comprehensive strategic partnership, Xinhua reported.