China and Britain will hold their 9th economic and financial dialogue in Beijing on Friday and Saturday, Foreign Ministry spokesperson Lu Kang said on Tuesday.

Chinese Vice Premier Ma Kai and British Chancellor of the Exchequer Philip Hammond will co-chair the dialogue, Lu said.

The two sides will discuss the macroeconomic situation and policy, trade, investment and industry strategy, financial reform, development of the financial market and cooperation under the framework of theBelt and Roadinitiative, Lu explained.

Sky News reported on Tuesday that an announcement on technical developments on the London-Shanghai Stock Connect, which would be a centerpiece of the latest dialogue, is considered by insiders to be "likely but not definite."