The president of Guangzhou Branch of People’s Bank of China Luo Bocuan had researched the Guangdong’s Financial High-Tech Service Area.
Luo Bocuan, the president of Guangzhou Branch of People’s Bank of China, the General Director of SAFE Guangdong Substation, the director of Hong Kong & Macau RMB Operation Coordinate Office, had said that they would support the Cross-Border RMB Trade Settlement in Foshan during his research in.
The secretary of Foshan Government Committee Lin Yuanhe had expressed warm welcome to Luo and thanks for the support from People’s Bank of China, Guangzhou Branch.
After visiting Guangdong’s Financial High-Tech Service Area, Luo had pointed out that for establishment of Financial High-Tech Service Area we must adhere to planning in advance, high-end standard, starting point, high level management, and high-quality services. Building the financial high-tech service area is an important platform for high-tech financial sector institutions, the background institutions, financial services outsourcing the gathering agencies and the financial industry in Guangdong Province. . During Luo’s research, he had discussed with Zhou Tianming, the standing committee of the municipal government committee and the standing deputy mayor on how to push the the cross-border RMB trade settlement in Foshan. Zhou said, Foshan as the manufacture industry base in PRD， there are strong internal need and material base for become the pilot city. Since there are plenty of foreign trade companies in Foshan and her export value has been in the 4th place in the whole province and PRD. Foshan Government had formally submitted the application for becoming the nest batch of pilot cities for cross-border RMB trade settlement in the province on Oct. 19. Luo also indicated that Foshan should tale full advantage of Guangfo City to encourage and bring in more enterprises to develop the cross-border RMB trade settlement business. At the same time, the People’s Bank of China would fully support on technical and remove policy barriers on relevant department. They would also open up the liquidation channels for develop the cross- border RMB trade settlement business. |
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