The Department of Transport (DfT) announcement builds on successful discussions in October 2016 that saw limits on passenger flights between Britain and China raised from 40 per week to a maximum of 100.
A spokesman for the DfT said: "The number of Chinese tourists visiting Britain has rocketed during the first half of this year. Between January and June, 115,000 visits were made from China to the UK, a rise of 47 percent on the same period last year. Spending also increased to 231 million pounds (USD 310 million), up 54 percent.
Grayling said: "These agreements are an important part of preparing Britain for a post-Brexit world and making sure we have access to key markets in the Far East, and they come at a time when our exports are growing and we continue to attract international investment. It just underlines that Britain will do well regardless of the outcome of the Brexit negotiations."
Under the current arrangement, agreed in October 2016, a maximum of 100 passenger flights per week can operate between the UK and China, with this figure set to increase to 150 under the terms of the new deal.
The DfT said Chinese tourists are some of Britain's highest spenders, staying longer and travelling more than visitors from other countries.
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