ICBC Chairman Liao Lin Meets with Deutsche Bank CEO Christian Sewing

Deep News
06/30

On June 30, Industrial And Commercial Bank Of China Limited (ICBC) Chairman Liao Lin met with Deutsche Bank AG CEO Christian Sewing. The two sides exchanged views on topics including China-Europe economic and trade relations, deepening business cooperation, and the application of artificial intelligence. ICBC Vice President Zhang Weiwu and Deutsche Bank's CEO for Asia Pacific, Europe, Africa, the Middle East and Germany, Alexander von zur Mühlen, among others, attended the meeting.

Industrial And Commercial Bank Of China Limited and Deutsche Bank AG are both global systemically important banks. For a long time, they have maintained close exchanges and cooperation across multiple business areas, achieving practical results. The two sides will further leverage their respective strengths to continuously strengthen cooperation in areas such as bond underwriting and issuance, fund clearing, financial markets, asset custody, and international financial governance. They aim to jointly provide high-quality financial services for global clients, support German and European companies in "exporting to China," and contribute greater strength to China-Germany and China-Europe economic, trade, and investment cooperation.

Since the establishment of the Sino-German Economic Advisors Committee in 2013, Industrial And Commercial Bank Of China Limited has served as the Chinese chair unit, continuously playing a crucial financial bridging role for two-way investment and trade between China and Germany.

Representatives from the Head Office's International Business Department and Financial Markets Department attended the meeting.

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