You also want to look at how the tax system encourages and rewards pension saving. I have set as an ambition reversing the effects of Gordon Brown's tax raid which heralded the beginning of the age of responsibility. We are looking at some very specific tax measures on how we can encourage saving.

What I'm interested in is Britain projecting itself abroad, and through that its values and the things it holds dear. And I don't think you do that by refusing to talk to the world's second-largest economy [China]. In fact, that is positively counter-productive in my view.

What's interesting is whilst Shanghai has gone stellar - literally, in these massive buildings which have appeared since I first visited - Beijing has become a much more vibrant and interesting place. A lot more business is done here.

Just as we should never balance the budget on the backs of the poor, so it is an economic delusion to think you can balance it only on the wallets of the rich.

Printing money is the last resort of desperate governments when all other policies have failed.

Establishing proper economic governance that allows the Eurozone to undertake the integration it needs whilst protecting the interests of the single market for all 28, the rights of member states who are not in the Euro - including of course the UK - is really important for the future of the European Union.

China is absolutely one of the biggest players in the world and if Britain wants to be connected to the world it has to be connected to China.