CCB Hosts Global Financial Institution Promotion Event and Unveils Action Plan to Support High-Standard Opening

Deep News
Yesterday

On November 6, China Construction Bank Corporation (ASX: 601939) held a global financial institution promotion event in Shanghai under the theme "Meeting by the Pujiang River, Building Far with Goodness." CCB (ASX: 00939) Vice President Tang Shuo attended the event and delivered remarks.

Representatives from the Shanghai Municipal Financial Office, the People's Bank of China Shanghai Head Office, the China Foreign Exchange Trade System, Shanghai Clearing House, Cross-border Interbank Payment System (CIPS), as well as 90 multilateral financial institutions, sovereign wealth funds, foreign banks, and non-bank financial institutions from 28 countries and regions around the world participated in the event.

Tang Shuo stated that China is steadfastly advancing high-standard financial opening, the attractiveness of RMB investment and financing continues to strengthen, and Shanghai is accelerating the enhancement of its international financial center capabilities, creating broad cooperation opportunities for global financial institutions. China Construction Bank Corporation (ASX: 601939) actively builds cross-border financial bridges and is willing to work together with global peers to share cooperation opportunities arising from China's high-quality development and jointly promote interconnectivity in global financial markets.

Officials from Shanghai government departments, regulatory agencies, and market infrastructure respectively introduced the latest progress in Shanghai International Financial Center construction, RMB internationalization, and offshore financial innovation pilot programs. Representatives from CIPS, foreign banks, investment banks, and CCB (ASX: 00939) shared and exchanged views on the topic of "Offshore Financial Synergy and RMB Internationalization Outlook."

At the event site, China Construction Bank Corporation (ASX: 601939) held a memorandum of cooperation exchange ceremony with three foreign financial institutions to deepen global peer cooperation.

During the event, CCB (ASX: 00939) officially released the "Action Plan for Deepening Global Peer Cooperation to Support High-Standard Opening." The plan focuses on core areas of peer cooperation and proposes six major action measures: capital financing, asset supply, cross-border investment, capital trading, wealth management, and industrial services, to deepen global peer cooperation, advance RMB internationalization, promote capital market interconnectivity, and support the construction of Shanghai International Financial Center.

Heads of the International Business Department, Asset Custody Business Department, Financial Markets Department, Precious Metals and Commodities Business Department of China Construction Bank Corporation (ASX: 601939) headquarters, as well as heads of the Shanghai Branch and certain overseas institutions, domestic branches, and subsidiaries, participated in the event.

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