Bank of China USA’s Post

We’re thrilled to share that for the first time in history, Bank of China Group has been honored as the “Best RMB Bank Globally” by The Asset Triple A Treasurise Awards. The Bank has secured another prestigious accolade against a field of worthy contenders. This year, 21 BOC branches participated in the Awards pitching sessions. Our strong enthusiasm is evident in our active promotion of RMB usage across multiple geographies spanning from Argentina to Malaysia. This global recognition is backed by our robust capabilities and offerings as well as positive client feedback. The Award reaffirms our rapid growth in the RMB area and showcases our unwavering commitment to excellence and innovation on the international stage. With this latest achievement, Bank of China Group will continue our best effort in the RMB business. Read more here: https://lnkd.in/eX6eVjUH #BOC #GlobalBestRMBBank #TheAssetAwards2024 

At their Annual Members Meeting in Washington, D.C., Bank of China U.S.A. was re-elected as the leading enterprise of the China General Chamber of Commerce - USA (CGCC), marking our 7th consecutive year with this honor. Our CEO, Mr. Wei Hu, has also been re-elected as Chairman of CGCC. "CGCC is the largest non-profit, non-governmental organization bridging American and Chinese enterprises in the U.S,” Mr. Hu said. “All member enterprises uphold the principles of diligence, service, cooperation, and compliance, actively collaborating to jointly promote the development of U.S.-China business communities." We are proud to continue our role in overcoming challenges, fostering open communication, and promoting mutual understanding. Our efforts have created abundant opportunities for trade and economic cooperation, significantly enhancing U.S.-China business relations. Congratulations to all the newly elected Board of Directors! For more information about the 55 elected Board members, please visit:  https://lnkd.in/gAWR3dhm #Leadership #CGCC #BankofChinaUSA #USChinaRelations #BusinessCommunity #EconomicCooperation

CNBC's recent coverage of the China General Chamber of Commerce - USA of Commerce annual survey highlights the enduring commitment of Chinese companies to the U.S. market despite ongoing political tensions. The survey found that nearly 60% of Chinese enterprises plan to maintain stable investments, and about 30% aim to increase them. This optimism reflects the determination and resilience of Chinese companies in navigating a complex policy environment and rising trade tensions. Mr. Hu Wei, CGCC Chairman and President & CEO of Bank of China U.S.A., stressed the importance of trade and investment in U.S.-China relations. He said, “From a longer-term perspective, trade and investments have always been the cornerstone of the U.S.-China relations.” He added that despite uncertainties, China remains the U.S.’ third-largest trading partner and largest importer, emphasizing the importance of the relationship. Mr. Hu's call for enhanced coordination between Chinese and U.S. companies to reduce trade frictions and policy barriers is crucial. Read the full article here: https://lnkd.in/gV8U4u_q #BOCUSA #CGCC #USChinaRelations #Trade #Investment #EconomicGrowth #Collaboration

Bank of China New York had an incredible time this week being a part of the Bloomberg Square Mile Relay! The team energy and spirit were high, and we were thrilled to be representing a global Chinese bank in the heart of the most diverse and vibrant city in the world. Big thanks to Bloomberg for putting on such an amazing event! #NEWYORK #RunForYourCity #BloombergRelay

The Bank of China was honored to continue its support of the China-California Business Forum. Held on May 20 at the Millennium Biltmore Hotel in Los Angeles, this year's forum focused on economic synergy, technological innovation, and sustainable development. Shanghai, the Guest City of Honor, was represented by Mayor Gong Zheng, who highlighted key projects and the importance of deepening cooperation for mutual benefit. Hu Wei, CEO & President of Bank of China U.S.A. and Chairman of CGCC USA, emphasized our commitment to building bridges between U.S. and Chinese businesses. It is a privilege to sponsor this event and support initiatives that foster global trade and collaboration. Read more here: https://lnkd.in/eN483v3T #ChinaCaliforniaBusinessForum #BankOfChina #EconomicCooperation #SustainableDevelopment #Innovation #GlobalTrade

We're thrilled to share the highlights from the 136th Canton Fair New York promotion conference, hosted on May 22 at the Bank of China New York Branch. This significant event brought together over 120 leaders from US enterprises, business associations, and media, emphasizing the robust trade relationship between the US and China. The Bank of China has proudly supported the Canton Fair for over 60 years, providing top-notch financial services to facilitate cross-border trade. We are committed to helping American businesses leverage this platform to build strong partnerships with Chinese enterprises, tap into new markets, and achieve mutual success. Let's continue to strengthen our economic ties and drive growth together. Read more here: https://lnkd.in/eAEnaRkr #CantonFair #USChinaTrade #BankofChina #EconomicGrowth

We were honored to host the signing ceremony of the MOU between the Shanghai General Chamber of Commerce and the China General Chamber of Commerce-USA (CGCC-USA) on May 20. Key leaders, including Hu Wei, CEO & President of Bank of China U.S.A., highlighted our commitment to strengthening trade and investment between Shanghai and Los Angeles. This partnership underscores the significant role of CGCC-USA in promoting bilateral relations and mutual investment. We look forward to continued collaboration, fostering innovation, and driving sustainable development between our two nations. Read more here: https://lnkd.in/eeiNjUjp #BankOfChina #CGCCUSA #EconomicCooperation #Innovation #SustainableDevelopment #USChinaRelations

Bank of China U.S.A. was delighted to host the promotion conference for the 7th China International Import Expo (CIIE) and the Hongqiao International Economic Forum on May 8th in New York. The event convened prominent figures from both the U.S. and China, emphasizing the importance of bilateral economic cooperation. With over 100 attendees representing various sectors, discussions centered on the opportunities the CIIE presents for American businesses to access the Chinese market. Speakers highlighted the CIIE's role in promoting high-quality imports and fostering mutual benefits. As a strategic partner of the CIIE, Bank of China U.S.A. reaffirmed its commitment to supporting this platform and facilitating trade exchanges between Chinese and U.S. companies. Stay tuned for updates on how we're fostering economic ties between China and the U.S. through initiatives like the CIIE. Together, we're unlocking new opportunities for mutual success. Read more about the event here: https://lnkd.in/esfBUeCF #BankofChina #CIIE #EconomicCooperation #USChinaTrade

We’re excited to share that Bank of China U.S.A. has been honored as the ‘Best RMB Bank in the USA’ for the fourth consecutive year by The Asset Triple A Awards. The BOC Group won 20 awards in total, placing us amongst the most recognized banks globally by The Asset Triple A.  We continue to bridge the U.S. and Chinese business communities with our comprehensive suite of RMB products and services. We’re grateful for this recognition and the trust our clients and partners place in us to continue innovating in RMB banking. Read more here: https://lnkd.in/eXua3pE7 #BOC #BestRMBBank #TheAssetAwards2024