China and Britain are working hand in hand to advance a connect program linking the stock exchanges in Shanghai and London. That's according to Ma Jun, chief economist at the People's Bank of China. Officials from China and the city of London met in Beijing on Tuesday to discuss financial cooperation.

China's top securities regulator, Liu Shiyu, said earlier that Shanghai is speeding up its research on the stock connect program. The link would let allow investors on one exchange invest in the other.