The Hongqiao International Economic Forum panel titled "Harnessing the Power of Finance to Promote Global Economic, Trade Cooperation and Innovative Development," supported by Bank of China Limited (ASX: 601988), was held on November 5 at the National Exhibition and Convention Center in Shanghai.
He Qing, Vice Mayor of Shanghai, and Ge Haijiao, Chairman of Bank of China (ASX: 03988), attended the forum and delivered speeches, while Yuan Xiaoming, Assistant Minister of Commerce, and Xi Yanchun, Deputy Director of Xinhua News Agency, delivered video addresses. Yang Jun, Vice President of Bank of China, also attended the event.
Ge Haijiao stated that world multipolarity and economic globalization represent an unstoppable trend, and that multilateralism and free trade reflect the shared aspirations of people everywhere. As an important force driving exchanges among the business communities of various countries and promoting multilateral economic and trade cooperation, domestic and overseas business associations extensively connect with market entities, deeply link factor resources, and continuously build bridges for economic and trade cooperation, making significant contributions to advancing inclusive economic globalization.
Ge Haijiao noted that as the most globally integrated Chinese bank, Bank of China will fully leverage its distinctive advantages to further densify its cooperation network with business associations, strengthen financial service guarantees, and help build an open world economy.
Together, they will build bridges of cooperation and continuously stimulate new momentum for global trade development. Focusing on areas such as advanced manufacturing, green development, and the digital economy, the bank will further strengthen collaboration with financial institutions, trade promotion agencies, and industry associations to pool stronger service synergies, help enhance cross-border trade facilitation, and smooth global trade and investment channels.
Together, they will embark on a path of innovation and accelerate the upgrading of new models of cross-border financial services. The bank will continue to deepen the application and promotion of cutting-edge technologies such as artificial intelligence, big data, and blockchain, accelerate the digital, intelligent, and online transformation and upgrading of cross-border finance, and inject a steady stream of financial vitality into global economic and trade cooperation.
Together, they will honor the commitment to openness and proactively seize the vast new opportunities of "Export to China." The bank will continue to leverage its institutional network covering 64 countries and regions overseas, further fulfill its duties with business associations, work hand in hand with global partners to deepen information sharing, industrial exchanges, and project promotion, and drive the continuous transformation of China's "large market" into the world's "major opportunities."
At the event, Bank of China released the "Global Business Associations Initiative to Support 'Export to China,'" aimed at building bridges for exchanges and cooperation among global enterprises and sharing China's open development opportunities. The bank also released the "BOC Smart Treasury Renewal Solution" and awarded the "Bank of China Global Trade Partner" plaque to 26 key domestic and overseas enterprises.
More than 200 guests from national ministries and commissions, local governments, domestic and overseas business associations, research institutions, and industrial and commercial enterprises participated in the event.
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