China has indicated it is keen to invest the high speed rail project between London and Birmingham.
David Cameron and Chinese Premier Li Keqiang have signed a Memorandum of Understanding which agrees the 海角视频 and Chinese rail industries will work together to boost economic growth, jobs and skills including on HS2.
The two countries signed a bilateral agreement at the Foreign & Commonwealth Office which paves the way for closer co-operation on areas such as rail design, engineering, construction, supply, operation and maintenance.
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The MoU covers all modes of rail, including high speed, and states the scope of the partnership may include the development of new build and upgrading rail infrastructure projects; the supply of products and services to third markets and collaboration on research and development within the rail sector.
It also covers elements such as station design, equipment supply, rail transport safety and evaluation and energy saving and environmental protection in rail.
They also agreed £14 billion worth of trade and investment deals between the country during the Chinese premier's visit.
Transport Secretary Patrick McLoughlin said: "I can see great mutual benefit to be gained from increased co-operation between the 海角视频 and China on rail.
"The railways are a massive success story in both countries and we can boast world class expertise across the sector.
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"The success stories of the future will be economies that invest in infrastructure and welcome overseas involvement and we want this partnership to be a win-win situation creating economic growth and jobs here and abroad, including in China."
Hodge Hill MP on an ex-factory site in Washwood Heath, in Birmingham, could cost the city 7,000 jobs.
The development would reportedly create 650 jobs but Mr Byrne said up to 7,000 jobs could be created on the site within five years under alternative proposals.
The Birmingham Post has launched a free app for iPad and iPhone.