On March 30, China Bank held its 2025 performance briefing. Vice President Yang Jun stated that as the primary channel for cross-border renminbi services, the bank has actively advanced across various business areas and achieved a series of positive developments.

First, the bank has continuously expanded its service network and built an ecosystem for the international use of the renminbi. BOC's overseas institutions now cover 64 countries and regions, with its high-quality clearing services receiving strong market recognition and cross-border renminbi clearing volume growing rapidly.

Second, the bank has consistently improved the efficiency and convenience of cross-border renminbi payment and settlement. In 2025, the cross-border renminbi settlement volume handled by BOC's domestic branches reached approximately 18 trillion yuan, accounting for over 20% of the total market share. Under goods trade, cross-border renminbi settlement exceeded 30% of the total. The coverage rate of leading cross-border e-commerce clients surpassed 80%, with renminbi settlement volume exceeding 1 trillion yuan and accounting for more than 50%.

Third, the bank has supported more market entities in issuing renminbi-denominated bonds. In 2025, BOC assisted over 30 overseas entities in issuing Panda bonds, with an underwriting scale of nearly 38 billion yuan, ranking first in Panda bond underwriting for 12 consecutive years. It also helped 81 issuers issue offshore renminbi bonds, with an underwriting scale exceeding 110 billion yuan.

Fourth, the bank has seized market opportunities to provide cross-border renminbi loans to enterprises. By the end of 2025, the outstanding balance of cross-border renminbi corporate loans and trade financing provided by China Bank to enterprises approached 400 billion yuan.

Fifth, the bank has actively promoted the scenarios and advantages of renminbi internationalization to the market and clients. Leveraging its global network advantages, BOC has organized multiple renminbi internationalization events in cities such as Shanghai and Hong Kong.

Yang Jun emphasized that as the most internationalized Chinese commercial bank, BOC will further highlight its global characteristics and strengths, continuously enhance its service capabilities in cross-border renminbi business, and improve foundational conditions. It aims to better serve Chinese enterprises going global and foreign enterprises entering the Chinese market, acting as the primary channel for cross-border business, the main force in offshore market development, and a leader in business innovation, thereby better supporting the new development paradigm and high-quality growth.