"China has become the third largest investor in London," said Paul Bromelow, the global sales director of Think London, the official foreign direct investment agency, Shanghai Securities News reported Friday.

At a ceremony for the establishment of the Beijing branch of Think London on June 16, Bromelow revealed China is a very important market for London and they would like to provide support for Chinese firms investing in the city.

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"In the past three years, the percentage of Chinese capital accounting for the total amount of foreign direct investment (FDI) in London increased from 2 to 7 percent. With the approaching of the 2012 London Olympic Games, the business opportunities related to the Olympics will boom for many international firms including the Chinese counterparts," he said.

He added that London is home to the largest number of information and communication technology talents in Europe, which can help Chinese companies to cut the costs of their overseas management and operations.

London Mayor Boris Johnson said "London is a great city full of miracles. It is also one of the most attractive cities for travelers, international students and investors because of its cultural charisma, from theaters to museums, top academic institutions and brilliant business opportunities. In addition, London is developing with recent reforms of the transportation system to broaden public spaces."

London & Partners is the official promotional agency for London, which combines the functions of Visit London, Think London and Study London, the agencies for promoting tourism, investment and education respectively.