CCB Inaugurates Shanghai Free Trade Business Operations Center

Deep News18:01

Recently, China Construction Bank (CCB) officially launched its Shanghai Free Trade Business Operations Center in Shanghai. Lei Ming, a member of the Party Committee and Vice President of CCB, attended the inauguration ceremony and unveiled the plaque for the new center.

As one of the first financial institutions in China to engage in free trade zone business, CCB has long supported high-level opening-up through comprehensive financial services. The bank has already provided Free Trade Account (FT Account) services to over 10,000 clients. The establishment of this center represents a significant new step by CCB to deepen the implementation of the free trade zone enhancement strategy and serve the nation's broader agenda of high-standard opening-up.

The center will focus on financial innovation within the free trade zone framework, with a core emphasis on developing foreign currency treasury management for enterprises. It aims to strengthen foundations in fund operations, product innovation, operational empowerment, and risk control. The objective is to drive high-quality development of the bank's free trade business and support corporate "going global" and "bringing in" initiatives through global financial services.

Representatives from relevant departments of CCB's head office, related branches, and the head of CCB Fintech also participated in the event.

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