On May 14, Bank of China Chairman Ge Haijiao held separate meetings at the bank's headquarters in Beijing with a delegation led by Mike McCranie, Chairman of the U.S. Soybean Export Council (USSEC), and Jim Sutter, its Chief Executive Officer, as well as a delegation led by Ryan McInerney, Global Chief Executive Officer of Visa, and Elaine Chang, President of Visa Greater China.
During the meeting with the USSEC delegation, Ge Haijiao, together with McCranie and Sutter, witnessed the signing of a Memorandum of Understanding between Bank of China's New York Branch and the USSEC. Both parties expressed that the successful meeting between the leaders of China and the United States has injected new momentum into bilateral economic and trade cooperation and provided certainty for the world economy. As the world's most significant agricultural producers and consumers, China and the U.S. have a solid foundation for agricultural cooperation with complementary advantages. The two sides will work together to implement the important consensus reached by the leaders of both countries, further strengthen interaction in areas such as cross-border finance, green development, and supply chain services, jointly build a mutually beneficial and win-win cooperation ecosystem, promote the sustainable development of the Sino-U.S. soybean trade industry chain, and contribute to the flourishing growth of agricultural cooperation between the two nations.
In the meeting with the Visa delegation, both sides acknowledged that Bank of China and Visa are important partners, having achieved a series of new results in recent years in key product promotion, cross-border credit card transactions, and improving the inbound payment acceptance environment. They look forward to further deepening collaboration and resource sharing, continuously improving product systems, increasing business innovation, enhancing cross-border financial service capabilities, promoting the iterative upgrade of payment experiences, actively exploring the potential of emerging businesses, and working together to provide global customers with more high-quality and efficient comprehensive services.
USSEC is a non-governmental organization dedicated to promoting U.S. soybean exports and agricultural cooperation, with operations covering over 80 countries and regions worldwide. Visa is a global leader in digital payments, providing convenient and secure payment services in more than 200 countries and regions.
As the Chinese bank with the longest operating history and largest scale in the United States, Bank of China currently has branches in New York, Los Angeles, Chicago, and other locations, having long witnessed, participated in, and served the deepening of mutually beneficial cooperation between China and the United States. Bank of China will continue to use finance as a bridge and service as a link, helping more American companies seize development opportunities in China, and steadfastly safeguarding the steady progress of Sino-U.S. relations.
Comments