Bank of China Governor Zhang Hui said that at present, domestic enterprises have moved from mainly exporting products to a new stage where technology, capital, brands, and standards collaborate to go overseas, showing new characteristics of globalized layout, localization of operations, and digitalization of management. The Bank of China will seize the opportunity to iteratively innovate products and services to escort enterprises overseas. In the field of cross-border payment and settlement, the Bank of China is working hard to address the pain points of few currencies and slow transit time. Currently, the number of listed currency pairs has reached 45 pairs, and can provide foreign exchange services for more than 100 currencies. This year, it has added small currency settlement services such as Zambia, Romania, and Mauritius. At the same time, it has upgraded the intelligent cross-border remittance center to enhance the intelligent direct processing capacity of the business.

Bank of China Governor Zhang Hui said that at present, domestic enterprises have moved from mainly exporting products to a new stage where technology, capital, brands, and standards collaborate to go overseas, showing new characteristics of globalized layout, localization of operations, and digitalization of management. The Bank of China will seize the opportunity to iteratively innovate products and services to escort enterprises overseas. In the field of cross-border payment and settlement, the Bank of China is working hard to address the pain points of few currencies and slow transit time. Currently, the number of listed currency pairs has reached 45 pairs, and can provide foreign exchange services for more than 100 currencies. This year, it has added small currency settlement services such as Zambia, Romania, and Mauritius. At the same time, it has upgraded the intelligent cross-border remittance center to enhance the intelligent direct processing capacity of the business.