On May 8th, Dubai welcomed an important event on international cooperation between the Chinese economy and the RMB capital market. This forum was carefully planned and hosted by the Dubai branch of Industrial and Commercial Bank of China, and received academic support and guidance from the China Finance Forty People Forum. The core topics of the forum focus on the latest developments in China's macroeconomy, the opening process of China's interbank market, and the latest policy trends in the internationalization of the RMB. The aim is to deeply explore and explore the new opportunities for financial cooperation contained in the continuous opening of the RMB capital market.
This international forum has attracted numerous heavyweight guests from Central and Northeast Africa, including representatives from more than 50 institutions such as banks, quasi sovereign institutions, government departments, and asset management companies. In total, more than 100 industry and media professionals participated in the grand event. They gathered together to discuss and share the latest trends and developments related to the Chinese economy and the RMB capital market.
At the forum, Zhang Yiming, the Chinese ambassador to the United Arab Emirates, highlighted the achievements of practical cooperation in the field of financial investment between China and the United Arab Emirates in his speech, sending a message that China Arab cooperation in the financial field will reach a higher level, better support the development of the real economy, and better serve the high-quality joint construction of the the Belt and Road between China and the United Arab Emirates. Huang Yiping, an expert at the China Finance 40 Forum, introduced the latest developments in the internationalization of the renminbi; Gao Shanwen, an expert at the China Finance 40 Forum, provided a panoramic depiction of the new driving forces and trends in China's macroeconomic development. Experts from the China Foreign Exchange Trading Center introduced the latest development of China's interbank bond market; Experts from the head office of Industrial and Commercial Bank of China systematically explained the CIBM market integration service plan and advantages provided by Industrial and Commercial Bank of China to overseas institutional investors from the perspectives of investment and financing; The head of ICBC Dubai Branch gave an overall introduction to the development of RMB business and ICBC financial services in the Middle East region.
The forum also arranged exchange and discussion sessions, with experts from the International Business Department of Industrial and Commercial Bank of China, Abu Dhabi First Bank, UAE National Bank, UAE Majeri Bank, and Fidelity International conducting in-depth exchanges and discussions on China Arab financial cooperation in the continuous opening of the RMB capital market. In addition, experts from the China Finance 40 Forum and economists from major foreign-funded financial institutions conducted closed door discussions on the topic of closer China Middle East financial cooperation. Keywords: the Belt and Road news, the Belt and Road project, overseas project.
The relevant person in charge of the Dubai branch of Industrial and Commercial Bank of China stated that in recent years, China and the Middle East have increased two-way travel, financial cooperation has been deepening, and banks and quasi sovereign institutions in the Middle East have continued to increase their attention to the opening of China's capital market and cross-border RMB business. This year coincides with the 40th anniversary of the establishment of diplomatic relations between China and Afghanistan. The cooperation between the two sides has entered the best period in history. Financial investment cooperation is facing rare historical opportunities. ICBC will effectively play the role of a bridge between financial institutions in the Middle East, and help promote financial support for high-quality joint construction of the the Belt and Road. (This article is from the official website of Jiandao: www.seetao. com. Reproduction without permission is not allowed, otherwise it will be punished. Please indicate Jiandao's website and the original link when reprinting.) Jiandao's mechanical column editor/Zhou Yingwen
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