www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Companies

Bank of China increases bite in Big Apple

By AMY HE (China Daily) Updated: 2016-05-12 08:58

Bank of China increases bite in Big Apple

A clerk of Bank of China counts US dollars at a domestic branch.XINHUA

BOC increases bite in Big Apple Larger NYC branch comes as Chinese 2015 FDI in the US grew 30% to $15.7 billion

When Bank of China moves to 7 Bryant Park in midtown Manhattan this fall, it will join major American financial institutions in the neighborhood, and continue its expansion in the US as its overseas business grows.

"The strengthening of economic and trade cooperation between China and the US has brought us a lot of new business, which has brought pressure to our work," said Xu Chen, director of Bank of China's US branch, in an interview with China Daily.

"Our number of employees is increasing quickly, and the old building (on Madison Avenue and 48th Street) wasn't big enough, so we needed to move to a new office building.

"The (new) building is located just next to Bryant Park and the Bank of America Tower.

"Being located near Bank of America marks the close economic and trade cooperation between the two countries, and it also indicates the role that China's economy plays in the world," he said.

The building by Bryant Park sits on Sixth Avenue, or Avenue of the Americas, which Xu said is symbolic. Bank of China paid $600 million for the 28-story building in 2014, and will occupy more than half of it.

Bank of China's assets abroad have risen 54 percent over last year. The bank's overseas profit rose more than 5 percent, accounting for almost a quarter of total profit.

It will continue providing traditional services to customers-such as bond investing and trade services-and develop its retail services because of the growing number of Chinese students in the US and of those immigrating to America for work.

In response, the bank opened a Flushing, Queens location last year to serve the fastest-growing Chinese community in New York.

In addition, Bank of China has been active in cross-border renminbi transactions as the Chinese currency continues to internationalize; the US branch will increase renminbi liquidation and settlement, Xu said.

The bank's focus on the US comes at a time when Chinese investment in the American market is at an all-time high: Chinese foreign direct investment in the US in 2015 grew 30 percent over 2014 totals, hitting $15.7 billion.

Activity this year has already surpassed 2015 numbers, and Xu said the bank sees the trend becoming even stronger.

"The US is the most desired destination for Chinese investors," Xu said.

The US market is big, offers a wide variety of products, and certain sectors can provide expertise that Chinese companies may be lacking, he said.

The food and beverage, energy, and healthcare industries can provide China with services that its aging and growing population would need, he added.

"Being a populous country, China is already experiencing what we call an 'aging society'. For the pharmaceutical, healthcare sectors, there is a greater and greater need for their services," he said.

"The US is also a leader in fields like biotechnology, so I feel the two countries will find ways to cooperate more and more," he said.

Xu said he sees the environment as another point of collaboration, given China's partnership with the US on climate change and limiting carbon emissions.

"There is huge cooperation potential for the two countries in the clean energy sector, since the two countries jointly promoted the agreement on global reduction of carbon dioxide emissions in Paris last year, which pushed forward the development of the usage of environmentally friendly natural resources," he said.

Jiang Xueqing contributed to this story.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 精品91一区二区三区 | 成人三级精品视频在线观看 | 加勒比色 | 国产精品久久久久久网站 | 国产在线小视频 | 中文字幕一区二区三区精彩视频 | 一个人看的免费高清视频日本 | 欧美国产在线一区 | 老司机午夜精品网站在线观看 | 亚洲日韩精品欧美一区二区 | 女人张开腿让男人捅的视频 | 成人免费影视网站 | 亚洲欧美人妖另类激情综合区 | 日韩久操 | 99re热精品这里精品 | 久久国产精品一国产精品 | 青青青免费手机版视频在线观看 | 兔子先生节目在线观看免费 | 深夜国产成人福利在线观看女同 | 国产在线步兵一区二区三区 | 欧美高清在线精品一区二区不卡 | 国产一区二区亚洲精品天堂 | 精品久久久久亚洲 | 欧美成人精品 | 黄网在线免费 | 成人欧美一区在线视频在线观看 | 日本视频在线观看不卡高清免费 | 国产日韩精品在线 | 亚洲精品国产啊女成拍色拍 | 免费看一毛一级毛片视频 | 欧美日韩精品一区二区三区高清视频 | 久久久久欧美精品网站 | 91香蕉国产在线观看免费永久 | 免费黄色在线网址 | 毛片一级在线观看 | 欧美亚洲一区二区三区四 | 二区国产 | 欧美无极品 | 97se亚洲综合在线 | 成人欧美网站免费 | 天堂8中文在线 |