Guangxi FTZ, Hong Kong branch of Bank of China to deepen cooperation

On July 28, a symposium was held between the China (Guangxi) Pilot Free Trade Zone (FTZ) Working Office and the Hong Kong branch of the Bank of China (BOC) to discuss further cooperation and exchange ideas on creating a favorable financial, innovative, and business environment. 

Guangxi FTZ and the Hong Kong branch of BOC hold a symposium. [Photo/WeChat account: gh_df8bc987e060]

The symposium was chaired by Bai Lan, deputy director of the Guangxi FTZ Working Office, and was attended by Xing Guiwei, vice president of the Hong Kong branch of BOC.

Guangxi FTZ will build a financial open gateway to ASEAN and deepen financial reforms focused on the use of the RMB for cross-regional transactions with the Southeast Asian regional bloc.

It will also promote smoother cross-border investment and financing, enhance the level of RMB cross-border usage and improve cross-border insurance services. On top of this, the FTZ will continue to optimize its business environment, promoting deeper cooperation with Hong Kong.