Bank of China Supports "Hongqiao International Open Hub Construction Sub-Forum & 2025 Hongqiao HUB Conference"

Deep News
11/06

On November 6, the "Hongqiao International Open Hub Construction Sub-Forum & 2025 Hongqiao HUB Conference," supported by Bank of China, was held at the National Exhibition and Convention Center (Shanghai). Attendees included Shanghai Municipal Party Committee Deputy Secretary and Mayor Gong Zheng, Vice Minister of Commerce Sheng Qiuping, and Bank of China President Zhang Hui, who delivered speeches at the event.

Zhang Hui stated that the Fourth Plenary Session of the 20th CPC Central Committee explicitly called for actively expanding independent openness, promoting innovative trade development, expanding two-way investment cooperation, and high-quality joint construction of the Belt and Road Initiative. Under the new circumstances, Chinese enterprises going global is no longer just a natural extension of market behavior but a strategic choice to deeply participate in the restructuring of global industrial chains, enhance international competitiveness, and actively expand new international circulation space.

Zhang Hui pointed out that the Shanghai Hongqiao International Open Hub is located at the "physical center" of the Yangtze River Delta and serves as a "reception room" to the world. Currently, the Hongqiao International Central Business District has become a "bridgehead" for enterprises going global, with "going out" emerging as the "new economic engine" of Greater Hongqiao. For a long time, Bank of China has firmly supported the construction of the Hongqiao International Open Hub, actively providing comprehensive financial services for domestic and foreign enterprises to "go global" and "attract investment" with "one-point access, global response." Looking ahead, Bank of China will continue to leverage its strengths to build financial bridges for high-quality advancement of the Hongqiao International Open Hub and support Chinese enterprises in expanding globally.

As the Chinese bank with the longest history of international operations and the highest degree of globalization, Bank of China has, in recent years, relied on its financial service network covering 64 countries and regions to deeply collaborate with the Hongqiao HUB platform. It actively integrates into key stages of overseas projects, offering comprehensive service solutions for enterprises going global. Simultaneously, it effectively leverages its role as a RMB clearing bank in 16 countries and regions, continuously strengthening the "main artery" of cross-border RMB circulation and building an open, shared, and secure RMB ecosystem. Bank of China will implement the spirit of the Fourth Plenary Session of the 20th CPC Central Committee through concrete actions, continuously innovate its financial product system, and enhance financial service capabilities to contribute more to promoting high-level openness and constructing a new dual-circulation development pattern.

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