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Chinese, EU Officials Discuss Building a Bridge of Financial Co-operation at Shanghai Forum
Yicai Global
DATE:  Nov 30 2022
/ SOURCE:  Yicai
Chinese, EU Officials Discuss Building a Bridge of Financial Co-operation at Shanghai Forum Chinese, EU Officials Discuss Building a Bridge of Financial Co-operation at Shanghai Forum

(Yicai Global) Nov. 30 -- The European Forum for Development & Investment Opportunities of Shanghai Global Asset Management Centre, hosted by Bank of China, was held in Shanghai on Nov. 29.

Jean-Pierre Raffarin, special representative of the French government for China affairs and former prime minister of France and Dr. Patai Mihály, deputy governor of the National Bank of Hungary delivered their keynote speeches. Guan Xiaojun, deputy director of the Shanghai Municipal Bureau of Finance, and Huang De, head of financial institutions of Bank of China Shanghai Headquarters attended the forum and gave their welcome addresses.

Europe is a leading global asset management centre. The goal for Shanghai to become a Global Asset Management Centre provides tremendous growth opportunities for China-EU cooperation in the asset management industry.

By hosting the European forum, Bank of China aims to build a bridge of financial cooperation between China and Europe under the bank’s “One mainstay, Two engines” strategy. With leading asset management figures in China and Europe discussing the prospects for cooperation between the two financial markets amid the new global capital trend, the impact of RMB asset allocation on the global asset management industry and the development of Shanghai Global Asset Management Centre and the future of the high-level opening-up of China’s financial sector, The forum was broadcast globally and attracted over 5000 professional viewers from 41 countries, covering institutions from all EU nations.

As China’s most globalized and integrated bank, Bank of China has institutions across the Chinese mainland as well as 62 countries and regions, with branch offices in 15 European Union countries. The bank set up its Geneva branch in 2021, providing full coverage to major financial centers in Europe. Committed to the mission of "bridging China and the world for the common good", Bank of China will continue to pool industry wisdom to move China-EU financial cooperation to a higher level, and contribute more to the high-level opening- up of China's financial sector.

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Keywords:   GAMF,Shanghai