The Total Clearing Volume Of The British RMB Clearing Bank Exceeds 60 Trillion Yuan

China Construction Bank held an online event in London on the 8th to celebrate the 30th anniversary of the bank’s development in the UK and its London branch’s RMB settlement volume exceeded 60 trillion yuan. More than 500 guests from the British political and business circles participated in the event.

The Chinese Ambassador to the United Kingdom Zheng Zeguang pointed out in his speech that China’s determination to expand high-level opening up will not change, and its determination to share development opportunities with the world will not change, and that economic globalization will be more open, inclusive, inclusive, balanced, and win-win. The determination to develop the direction will not change. Faced with various uncertainties under the new crown epidemic, China and Britain should cooperate closely, strengthen dialogue and cooperation, and further promote the prosperity and development of the two countries' economies.

Tian Guoli, Chairman of China Construction Bank, said that standing at a new starting point for 30 years of overseas development, CCB will contribute financial strength to strengthen China-UK financial cooperation and innovation, promote green and sustainable economic development of the two countries, and enhance the friendship and well-being of the two peoples. .

Vincent Kiffney, Mayor of the City of London, spoke highly of CCB’s contribution to London’s economic development over the past 30 years, and expressed gratitude to CCB’s London branch for its strong support to British national medical institutions at the most critical moment of the epidemic.

In 1991, CCB's London representative office opened. Since being appointed as the UK's RMB clearing bank in 2014, CCB London Branch has actively promoted the construction of the UK's offshore RMB market, and the clearing volume has exceeded the 60 trillion mark, helping London maintain its position as the largest offshore RMB clearing center outside Asia.