(Fighting New Crown Pneumonia) Interview with JPMorgan Chase Bank Zou Lian: China's capital market is moving towards the center of the world stage with an open attitude
China News Service, Beijing, March 11 (Xia Bin) Will China's financial liberalization process slow down in the new crown pneumonia epidemic? Zou Lian, President of JP Morgan Chase Bank (China) Co., Ltd., said in an exclusive interview with China News Agency on the 11th: "We are very encouraged by China's determination and measures to accelerate the opening of financial markets. China's capital market is gradually moving towards an open attitude. The center of the world stage. "
The People's Bank of China has previously stated that on the one hand, the financial system fully supports epidemic prevention and control and the orderly resumption of work and production, and at the same time, the implementation of financial liberalization measures has not stopped and continues to advance.
Recently, China officially approved the preparatory application for the bank card clearing agency of Wanshilian, and introduced relevant measures to further promote high-level financial opening in the construction of the Shanghai International Financial Center. Chinese government bonds have also been officially included in JP Morgan Chase Global Emerging Markets government bonds. index.
"We believe that this will help increase the depth and breadth of foreign financial institutions' participation in China and inject new vitality into the development of China's financial market." Zou Lian said that in the new wave of financial liberalization, JPMorgan Chase is willing to focus on Do a good job in three areas.
First, JPMorgan Chase hopes to increase investment in China, further strengthen platform construction and expand business scope under the conditions of regulatory permits; second, to effectively develop capital products, talent cultivation and system construction for local business platforms to develop outstanding products. Promote financial technology innovation to better support the development of the real economy. Third, with the global leadership, actively support the opening of financial markets and promote capital inflows.
Will the epidemic "scare away" foreign companies in China? "We grow together with China and have a long-term strategic plan for the company's business in China. We are confident in the development of our business in China." Zou Lian responded to this.
She pointed out that as China's financial market continues to expand and open, JPMorgan Chase is confident, capable, and fully prepared to leverage its global network, resources and technology advantages to further expand its business in China and build a more complete local platform. Let more outstanding financial products come to the ground, and take concrete actions to support the opening of China's financial market.
According to its introduction, JP Morgan Chase provides a wide range of financial services to clients in China, including corporate and investment banking, global corporate payments, marketing, sales and research, securities services, commercial banking and asset management. "We will continue to invest in various business areas to better support our Chinese and global customers."
JP Morgan has been operating in China for almost a century. Zou Lian said that for JP Morgan and many of our customers, China represents one of the world's largest development opportunities and one of the most important markets in JP Morgan's global development strategy.
Since the outbreak, JPMorgan China has complied with relevant regulations, fully mobilized global networks and resources, and actively initiated charitable donations. In addition, it also takes advantage of science and technology to provide customers with high-quality and efficient emergency financial services and contribute to the fight against the epidemic.
At the same time, in order to help small and medium-sized enterprises respond to the new coronavirus pneumonia epidemic and assist them to resume production, JP Morgan Chase recently issued a special SME (outbreak prevention and control) social responsibility bond with the Bank of China Macau Branch and served as the joint lead of the Hong Kong dollar batch The manager and joint bookrunner has an issue size of HK $ 4 billion, a two-year term, and a coupon rate of 1.95%.
Zou Lian said that this is the first bond issue of "anti-epidemic" theme for overseas Chinese-funded commercial banks, and it is also the first bond to be certified by a Chinese company in an overseas market. (Finish)