Xin Hua Wang·2025-09-09 08:31Core Viewpoint - The event organized by the Bank of China in Sydney highlights the opportunities for RMB internationalization amidst global economic instability, focusing on RMB bond market investments and financial services innovation [1][2] Group 1: Event Overview - The Bank of China held a roadshow in Sydney to celebrate its 40th anniversary in Australia, themed "Forty Years Together, Building New Opportunities for RMB" [1] - The event featured discussions on RMB bond market investment opportunities, offshore RMB financial service innovations, and the use of RMB for trade settlement to mitigate exchange rate risks [1] Group 2: Participation and Support - Representatives from various institutions, including the Chinese Consulate in Sydney and the People's Bank of China, attended the event, with over a hundred participants from the financial and business sectors of China and Australia [1] - The Deputy Consul General of the Chinese Consulate in Sydney delivered a speech, emphasizing the importance of the event [1] Group 3: Achievements and Future Plans - The Bank of China has made significant progress in supporting Chinese enterprises in Australia and promoting RMB internationalization, aiding major cooperation projects and helping manage exchange rate risks and transaction costs [1] - As the only RMB clearing bank in the South Pacific, the Bank of China Sydney branch aims to enhance financial cooperation and expand its clearing network to support sustainable development for Chinese and Australian enterprises [2]