China News Service, Luxembourg, February 24 (Reporter De Yongjian) The EU-China Chamber of Commerce, which represents nearly a thousand Chinese-funded enterprises in Europe, formally established a financial working group on the 23rd, and subsequently held the "Cross-border RMB and China-EU Economic and Trade Cooperation Forum" to discuss RMB internationalization, China-EU financial cooperation and other issues.
On February 23, local time, the China Chamber of Commerce in the European Union, together with the China-Europe Business Alliance and the Belgian-Luxembourg Chinese Enterprises Association, held the "Cross-border RMB and China-EU Economic and Trade Cooperation Forum" in Luxembourg to discuss issues such as RMB internationalization and China-EU financial cooperation.
The picture shows the forum scene.
Photo by China News Service reporter Tok Yongjian
The unveiling ceremony of the Financial Working Group of the EU-China Chamber of Commerce was held in Luxembourg on that day. This is the third working group established by the EU-China Chamber of Commerce after the Digital Working Group and the Green Working Group. It is also the first time that the Chamber of Commerce has set up a working group outside its Brussels headquarters.
Hua Ning, Chinese Ambassador to Luxembourg, who was invited to attend the unveiling ceremony, said that financial cooperation has become an important part of China-Luxembourg cooperation.
Relying on the unique advantages of Luxembourg's financial industry, there is huge potential for investment and trade cooperation between China and Luxembourg and China and Europe. We look forward to the EU-China Chamber of Commerce's Financial Working Group making a difference.
Peng Gang, Minister and Head of the Economic and Commercial Section of the Chinese Mission to the EU, said in his speech that with the development of business with Europe, the demand for financial services from Chinese-funded enterprises has become increasingly strong.
It is hoped that Chinese financial companies in Europe will expand their business on the basis of sound operations, provide more comprehensive financial support to Chinese companies in Europe, and give Chinese companies more confidence to go overseas in Europe.
Xu Chen, President of the China Chamber of Commerce in the EU and Chairman of Bank of China (Europe) Ltd., said that the establishment of the financial working group marks the importance that the business community attaches to China-EU financial cooperation and believes that it will promote collaborative cooperation between Chinese and European financial enterprises.
Li Li, the first chairman of the financial working group and chairman of the Industrial and Commercial Bank of China (Europe) Co., Ltd., said that the working group will gather Chinese financial institutions in Europe to effectively play the role of capital circulation link and further facilitate the two-way opening of the Chinese and European markets.
The picture shows the official unveiling of the Financial Working Group. In the picture is Xu Chen, Chairman of the China Chamber of Commerce in the EU and Chairman of Bank of China (Europe) Limited. The first chairman of the Financial Working Group and Chairman of Industrial and Commercial Bank of China (Europe) Limited are Li Li, the first chairman of the Financial Working Group. Li, the first one from the right is Peng Gang, Minister and Head of the Economic and Commercial Section of the Chinese Mission to the EU.
Photo by China News Service reporter Tokunaga Ken
After the unveiling ceremony, the China Chamber of Commerce in the EU jointly organized the "Cross-border RMB and China-EU Economic and Trade Cooperation Forum" in conjunction with the China-Europe Business Alliance and the Belgium-Luxembourg Chinese Enterprises Association. More than 100 guests, including Chinese and European government officials and business people, participated online and offline. meeting.
During the guest speech, Xu Chen said that the application of RMB in cross-border transactions has brought more opportunities to Chinese and European companies, and he looked forward to greater cooperation between Chinese and European business circles in areas such as RMB internationalization, green cross-border investment and financing, and financial product innovation.
In the keynote speech session, the speakers expressed their opinions and views on the opportunities and challenges of China-EU financial cooperation, how cross-border RMB promotes China-EU economic growth, the development of Chinese enterprises in Europe, and the evaluation of the European business environment.
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