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Bank of China supports businesses ahead of international trade event
Last Updated: 2020-11-04 00:00 | China Daily
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Bank of China is pledging to provide even greater support at the third China International Import Expo by holding a trade and investment matchmaking conference from Friday to Saturday.

According to the bank, it has been exploring the latest needs of overseas exhibitors and domestic buyers since early 2020, optimizing cross-border matchmaking services and assisting in CIIE roadshows and promotional activities.

On July 10, a matchmaking conference for consumer goods took place in Shanghai, the first pre-expo matchmaking conference for the third CIIE.

At the request of the CIIE's organizers, a video conferencing area was set up by BOC to connect companies with those who could not attend in person. The facilities enabled independent online negotiation among users throughout the whole session.

The video conferencing area has served 17 rounds of online matchmaking and helped 16 cooperation intentions be agreed upon, and it has attracted five foreign exhibitors from countries including Japan, Germany, Australia and Iran, and 18 domestic buyers.

On July 26, BOC assisted in another matchmaking conference, which was held for exhibitors engaged in food and agricultural products, medical equipment and healthcare, as part of preparations for the third CIIE.

More than 80 exhibitors and over 170 buyers participated in the session. The video conferencing area provided services for exhibitors from New Zealand, Australia and China's Hong Kong, serving 22 rounds of online video negotiations with 13 domestic buyers recommended by BOC's Shandong, Tianjin and Henan branches.

On Aug 21, BOC and the Japan External Trade Organization organized their first online matchmaking event of this year, a cross-border cloud matchmaking activity for China-Japan small and medium-sized enterprises, where 10 exhibitors from Japan found buyers in China.

The event was held in Tokyo, Osaka, Kyushu and many other places in Japan simultaneously. During the nearly four-hour negotiation, the invited Chinese and Japanese enterprises completed 64 rounds of "one-to-one" business talks.

This activity showed how BOC can serve customers at home and abroad under the new situation with COVID-19, and it is also a test of BOC's online work before expo.

On Sept 28, BOC Ningbo branch organized a cross-border matchmaking conference for Chinese and Central and Eastern European SMEs.

The activity also adopted the online "one-to-one" negotiation pattern, attracting 10 Polish enterprises and seven SMEs from Ningbo.

It has carried out 21 rounds of one-to-one negotiations in the fields of food and beverage, alcohol, and automobile parts and components industries, and reached 16 cooperation intentions.

In addition, the bank actively participated in the investment promotion roadshows of the CIIE, issued invitation letters for the trade and investment matchmaking conference to local governments, trading groups, exhibition agencies and corporate clients.

As the trade and investment matchmaking conference is opening very soon, BOC is committed to providing effective, flexible, convenient and high-quality services.

Through improving the spillover effect of the CIIE, the bank pledges to foster multilateral trade cooperation, help promote cross-border investment and introduce more enterprises to share the opportunities of the CIIE.

liyou@chinadaily.com.cn

 

  

 

 

 

 

(Editor:Fu Bo)

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Bank of China supports businesses ahead of international trade event
Source:China Daily | 2020-11-04 00:00
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