BOC Chairman Reaffirms Promoting Cross-border Investments at 25th CIFIT

Leveraging its broad financial services, Bank of China will continue to foster the integration of financial capital with the real economy, and further promote two-way cross-border investment, said BOC chairman Ge Haijiao.

The 25th China International Fair for Investment and Trade (CIFIT) opened in Xiamen, Fujian province on Sept 8, with Ge attending the ceremony and engaging in a series of business exchanges.

For five consecutive years, Bank of China has supported CIFIT by facilitating project matchmaking and business cooperation, according to Ge.

Ge met with Peter Wilson, UK’s ambassador to China, and joined the opening of the UK National Pavilion, this year’s guest country of honor.

As a key participant in China-UK economic and trade cooperation, BOC will focus on green finance and technological innovation to further deepen bilateral ties, Ge added.

Ambassador Wilson thanked BOC for its long-standing support of China-UK economic ties and expressed hope that the bank will continue fostering bilateral cooperation.

Ge also met with Xu Xiaoxi, chairman of Xiamen C&D Group, to discuss strengthening supply chain finance and supporting the group’s international expansion, as well as with Zhao Dong, chairman of Xiamen Airlines, to review BOC’s early financing support and explore new opportunities for cooperation.

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