Xin Hua Cai Jing·2025-09-24 03:24Core Viewpoint - The event held by the Bank of China in Buenos Aires focuses on promoting the internationalization of the Renminbi (RMB) and exploring its application in Argentina's economic landscape [1][2] Group 1: RMB Internationalization - The Bank of China launched the ninth stop of its global RMB internationalization roadshow in Buenos Aires, Argentina [1] - The event highlighted the latest developments in RMB internationalization and showcased cross-border RMB products and financial solutions [1] - Discussions included macro policies, financial products, corporate practices, and future trends regarding the implementation of RMB in Argentina [1] Group 2: Economic Relations and Opportunities - Argentina, as the second-largest economy in Latin America, has strong economic ties with China in sectors such as agriculture, energy, minerals, and infrastructure [1] - There is a high demand for cross-border settlement and financing in Argentina, which presents opportunities for RMB utilization [1] - Since establishing a branch in Buenos Aires in 2019, the Bank of China has been enhancing its RMB business system to provide comprehensive financial services for Chinese and local enterprises [1] Group 3: Financial Services Enhancement - The Bank of China aims to continue its role as a primary channel for cross-border RMB services, enriching RMB product offerings and expanding application scenarios [2] - The bank is committed to improving the quality and efficiency of financial services to inject more financial momentum into the healthy development of China-Argentina economic and trade cooperation [2]