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"Shanghai Symposium on the Achievements of the Reform and Opening up of Foreign Banks" Held

Edit: Published on: October 29, 2018 Author: Source: Browse: 4166 times Font size: [Large] [Middle] [Small]
On the afternoon of October 15, the "Shanghai Symposium on the Achievements of the Reform and Opening up of Foreign funded Banks" jointly held by the China Banking Association and the Shanghai Banking Association was held. Zhang Liang, Deputy Secretary General of the China Banking Association, Zhao Hai, Secretary General of the Shanghai Banking Association, Lin Zhimin, Director of the Foreign Bank Working Committee of the China Banking Association, Executive Director and President of Bank of East Asia (China) Co., Ltd., attended the forum and delivered speeches, Pei Yigen, Vice President of the Association and Vice President of Citibank (China) Co., Ltd., HSBC (China) Li Feng, Vice President and Chief Executive of Retail Banking and Wealth Management Business of Ltd., Zhu Yaming, Vice President and Managing Director of Personal Finance Department of Standard Chartered Bank (China) Co., Ltd., Hu Bin, Director of Global Trade and Financing Business Department and President of Shanghai Branch of Hang Seng Bank (China) Co., Ltd., and Masada Kohara, Vice President and Vice President of Mitsubishi UFJ (China) Co., Ltd, Wang Ke, Vice President of Overseas Chinese Yongheng Bank (China) Co., Ltd. and General Manager of the Pearl River Delta Headquarters, Han Xiuzhen, Assistant President of Nanyang Commercial Bank (China) Co., Ltd., Xue Chengxiong, Vice President of Fubon Huayi Bank, Huang Jian, President of Bank of America Co., Ltd. Shanghai Branch, Zou Jianglei, President of ANZ Bank Co., Ltd. Shanghai Branch, Yang Xianliu, President of Shanghai Branch of the National Bank of Kuwait Co., Ltd., and other 12 foreign institutions made exchange speeches on their respective business characteristics, institutional advantages, strategic layout and other achievements of reform and opening up. Journalists from 13 central level and mainstream financial media, including CCTV, Economic Daily and Financial Times, participated in the forum. The symposium was chaired by Jiang Tao, Director of the Standing Committee Office of the Reputation Risk Management Professional Committee of the China Banking Association and Director of the Publicity and Information Department.

Zhang Liang, Deputy Secretary General of the China Banking Association, said that throughout the development process of foreign banks in China, foreign banks have promoted market competition and innovative development of China's banking industry by bringing advanced management concepts, technologies and products; Actively support and serve the real economy through in-depth expansion of the Chinese market and all-round investment in business in China; By mobilizing global resources, give play to the bridge advantage of internal and external linkage, help Chinese enterprises expand overseas markets and participate in global competition; It has played an important and positive role in promoting the opening up of China's financial market, promoting the development of cross-border RMB business and promoting the internationalization of RMB.

She put forward four suggestions for the development of foreign banks in Shanghai: First, make good use of the dividends of China's further opening-up and strengthen the "inclusive" development. Second, based on the advantages of Shanghai as a pioneer of reform and opening up, we will promote "deep plowing" development. The third is to adapt to the current situation of strong financial supervision and adhere to "steady" development. Fourth, seize the opportunity of the fourth global industrial revolution to create "innovative" development.

Zhao Hai, Secretary General of the Shanghai Banking Association, delivered a speech, saying that Shanghai, as the bridgehead of China's financial reform and opening up, has gathered various types of foreign banks. Both the number of foreign banks and the proportion of their assets in China's foreign banks are far higher than the proportion of foreign banks in China's banking assets, It reflects the important position of foreign banks in Shanghai's banking industry, has a leading demonstration role for foreign banks across the country, and fully reflects the positive effect of China's banking industry's overall opening up, as well as its support role for the real economy. Coincidentally, this year is the 100th anniversary of the establishment of the trade association. On the 19th of this month, the 100th anniversary of the trade association will be held. Under the new historical opportunity, the Shanghai Banking Association will explore and innovate with 223 member units, forge ahead, and become a benchmark for financial services in Shanghai.

Lin Zhimin, Director of the Foreign funded Banking Working Committee of the China Banking Association and Executive Director and President of the Bank of East Asia (China) Co., Ltd., said in a speech that the Foreign funded Banking Working Committee of the China Banking Association provided policy coordination and services for the development of member units of foreign-funded corporate banks in China, and solved the problems encountered by member units of foreign-funded corporate banks in their development in China, It has provided strong support for the development of foreign banks in China. On the occasion of the 40th anniversary of reform and opening up, China has opened a new prelude to further expanding the opening up of the financial industry. East Asia China is firmly optimistic about the mainland market, actively layout the "Guangdong Hong Kong Macao Greater Bay Area", and is committed to expanding retail finance, corporate finance, participation in import expositions, etc., to meet the new opportunities of further steady expansion of Shanghai and even the mainland market.

Pei Yigen, Vice President of the Association and Vice President of Citibank (China) Co., Ltd., said that Citibank is deeply integrated into China's financial system and is also an active participant in China's financial reform. Citigroup supports the overseas expansion of Chinese enterprises, helps SMEs grow, and actively participates in the development of China's capital market. The gradual relaxation of current market access and business conditions will help foreign banks, including Citigroup, to participate more fully in the opening up and development of China's financial industry.

Li Feng, Vice President and Chief Executive of Retail Banking and Wealth Management Business of HSBC (China) Co., Ltd., said that in the long run, China will become a more open and innovative economy, and foreign banks and other market participants in it will also have broader development space. China is an important growth engine for the strategic market and business development of HSBC Group. HSBC will continue to seize development opportunities such as China's economic transformation, consumption upgrading and Internet+, continue to support and participate in financial reform and the opening up of capital markets, actively promote the internationalization of RMB, implement the implementation of business strategies such as supporting the "Belt and Road" initiative and green finance, and will actively participate in the development of the Greater Bay Area by virtue of its linkage advantages between Guangdong, Hong Kong and Macao.

Zhu Yaming, Vice President and Managing Director of Personal Finance Department of Standard Chartered Bank (China) Co., Ltd., said in a speech that China is the most important strategic market of Standard Chartered. Standard Chartered's business strategy is to focus on areas that not only conform to the future development direction of China's economy, but also have their own advantages, including the "Belt and Road" initiative, RMB internationalization, financial market opening The development of small and medium-sized enterprises in China, as well as the expanding opportunities of wealthy people, give play to the advantages of cross-border and global networks, and make our due contributions to the sustainable development of China's economy.

Hu Bin, Director of the Global Trade and Financing Business Department and President of Shanghai Branch of Hang Seng Bank (China) Co., Ltd., said in a speech that the development of Hang Seng Bank in the mainland was deeply benefited from the reform and opening up policy, and the development history of Hang Seng Bank confirmed the process of reform and opening up and financial opening up in the mainland. Hang Seng China is committed to building advantages in cross-border business, improving services and cross-border business linkage in strategic areas such as the Guangdong Hong Kong Macao Greater Bay Area, and supporting further financial opening. At the same time, with the strong financial strength of the Hong Kong parent bank, Hang Seng China focuses on building the core competitiveness of cross-border financial services and building a financial bridge linking the mainland and Hong Kong.

Masuda Kohara, Vice Chairman and Vice President of Mitsubishi UFJ (China) Co., Ltd., said in a speech that the development of foreign banks in China cannot be separated from the Chinese economy and even the world environment. Mitsubishi UFJ China will continue to adhere to the advantages of Japanese capital, global advantages, professional advantages and brand advantages, expand non Japanese business, expand investment banking business, develop bond business, promote RMB internationalization, support the real economy, and strive to become a member of China's "global financial group selected by the world and worthy of trust".

Wang Ke, Vice President of Overseas Chinese Wing Hang Bank (China) Co., Ltd. and General Manager of the Pearl River Delta Region Headquarters, said in a speech that Overseas Chinese Wing Hang Bank (China) Co., Ltd. will closely follow the national policies, support the steady implementation of the "Belt and Road" initiative, the Guangdong Hong Kong Macao Greater Bay Area and other national strategies, firmly support the decisions of the Central Bank, comply with the trend of financial openness and policy changes, Formulate the development plan of "one guiding ideology, two wings, two wings and three engines", grasp giving and further promote the steady development of various businesses under the premise of "carefully taking risks". It is committed to building the Shanghai International Financial Center and the bridgehead of the "Belt and Road" of the Shanghai Free Trade Zone.

Han Xiuzhen, Assistant President of Nanyang Commercial Bank (China) Co., Ltd., said in a speech that Nanyang Commercial Bank bases itself on Hong Kong, deepens its efforts in the mainland, and gives play to its regional advantages; Combine with reality, flexibly combine, and give play to professional advantages; Continuous innovation, cooperation and synergy advantages; Support Chinese enterprises to "go global", actively serve the "Belt and Road" construction of enterprises, provide a package of financial service plans for Chinese enterprises to plan overseas funds and create a professional financial service system through products and business models such as domestic guarantee and external loan, foreign exchange loan, overseas bank credit, overseas bond issuance, etc.

Xue Chengxiong, Vice President of Fubon Huayi Bank, said in a speech that Fubon Huayi adheres to the purpose of "based on both sides of the Taiwan Straits and actively serving Taiwan businessmen", firmly adheres to the two origins of "serving Taiwan businessmen" and "serving the real economy", serves the financing needs of Taiwan funded enterprises and mainland SMEs, and deeply cultivates the local market. At the same time, it will conform to the trend and trend of reform and opening up, further promote the in-depth development of Taiwan business, retail business and small and medium-sized enterprise business, and play an important role as a bridge in cross Straits financing, economic and trade exchanges, cultural exchanges and other fields.

Huang Jian, President of Bank of America Limited Shanghai Branch, said in a speech that Bank of America's branches in China provide a wide range of services, including corporate banking, RMB and foreign currency fund management services and products. Actively respond to the call of financial services for the real economy, provide enterprises with accounts receivable financing by promoting supply chain financing, e-commerce bill discounting and other trade financing products, assist large multinational companies to enter or expand the Chinese market, and help Chinese enterprises "go global" to expand overseas business. BofA Merrill Lynch is optimistic about China's economic development and reform prospects, and will actively help customers to invest in China and achieve sustainable development.

Zou Jianglei, President of Shanghai Branch of AZ Bank of the Netherlands, said in a speech that in the past three decades, the bank has been supporting Chinese customers through international networks and rich product architecture, and along with their global development, it has provided customized multi field and multi product loan solutions, and Support from working capital solutions, debt capital market, financial market and M&A consulting. In the opportunity period of China's further opening up, we will focus more on local needs and use international expertise to provide customers with better financial services.

Yang Xianliu, President of Shanghai Branch of the National Bank of Kuwait Co., Ltd., said in a speech that as the largest bank in Kuwait, the National Bank of Kuwait attaches great importance to China, a huge market with great potential, especially the significant development opportunities brought by the Chinese government's initiative on the "Belt and Road". With its regional network advantages and transnational financial service experience, the National Bank of Kuwait plays an active role in supporting the construction of the "Belt and Road" and serving the real economy, and supports more Chinese enterprises to explore the markets in Kuwait and the Middle East Gulf region. In the future, it will further allocate more resources to areas in urgent need of financial support, find its own new business growth points, and help China's high-quality economic development.

In the interactive link, the media reporters present had a warm interview and exchange with representatives of foreign banks attending the conference, and had a deeper understanding of the development achievements and experience of foreign banks in China in the past 40 years of reform and opening up.

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Zhang Liang, Deputy Secretary General of China Banking Association, attended the forum and delivered a speech

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Zhao Hai, Secretary General of Shanghai Banking Association, attended the forum and delivered a speech

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Lin Zhimin, Chairman of the Working Committee of BOCA Foreign funded Banks and Executive Director and President of Bank of East Asia (China) Co., Ltd., attended the forum and delivered a speech

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Pei Yigen, Vice President of the Association and Vice President of Citibank (China) Co., Ltd., made an exchange speech

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Li Feng, Vice President and Head of Retail Banking and Wealth Management Business of HSBC (China) Co., Ltd., made an exchange speech

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Zhu Yaming, Vice President and Managing Director of Personal Finance Department of Standard Chartered Bank (China) Co., Ltd., made an exchange speech

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Hu Bin, Director of Global Trade and Financing Business Department and President of Shanghai Branch of Hang Seng Bank (China) Co., Ltd., made an exchange speech

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Masuda Kohara, Vice Chairman and Vice President of Mitsubishi UFJ (China) Co., Ltd., made an exchange speech

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Wang Ke, Vice President of Overseas Chinese Yongheng Bank (China) Co., Ltd. and General Manager of Pearl River Delta Headquarters, made an exchange speech

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Han Xiuzhen, Assistant President of Nanyang Commercial Bank (China) Co., Ltd., made an exchange speech

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Xue Chengxiong, Vice President of Fubon Huayi Bank, made an exchange speech

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Huang Jian, President of Bank of America Limited Shanghai Branch, made an exchange speech

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Zou Jianglei, President of Shanghai Branch of AZ Bank, made an exchange speech

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Yang Xianliu, President of Shanghai Branch of Kuwait National Bank Co., Ltd., made an exchange speech

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Jiang Tao, Director of the Standing Committee Office and Director of the Publicity and Information Department of the Reputation Risk Management Professional Committee of the China Banking Association, presided over the meeting

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Questions from central level mainstream media reporters

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Group photo of forum members

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Symposium Site I

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Symposium Site II
Qualification examination and continuing education
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