In 2016, Article 51 of the outcome of the Eighth China-UK Economic and Financial Dialogue clearly stated that it is necessary to promote and deepen the cooperation between old industrial bases in northeast China and Britain. In order to implement this strategic plan, Dalian government and Department for International Trade (DIT) signed a cooperation MOU on October 23, 2017. It was decided to build a demonstration area for Sino-UK (Dalian) Innovative Park in Dalian Huayuankou Economic Zone.
In 2017, Article 56 of the outcome of the Ninth China-UK Economic and Financial Dialogue once again stressed that China and Britain will continue to promote the transformation of northeast China’s industrial cities through the development of Sino-UK (Dalian) Innovative Park Development and other projects. The Sino-UK (Dalian) Innovative Park is a concrete manifestation of that.