Zhong Guo Jin Rong Xin Xi Wang·2025-11-05 13:15Core Insights - The 138th China Import and Export Fair (Canton Fair) concluded successfully, attracting over 310,000 foreign buyers from 223 countries and regions, with an on-site intended export transaction value of $25.65 billion [1][3]. Group 1: Cross-Border Collaboration - Bank of China leveraged its global service network covering 64 countries and regions to enhance cross-border trade, resulting in a 7.5% increase in foreign buyers compared to previous years, marking a historical high [4][6]. - The bank actively participated in promotional events in eight countries, including the UK, Australia, and Japan, to facilitate international trade and support the Belt and Road Initiative [4][6]. Group 2: Financial Empowerment - The fair showcased 353,000 smart products and over 1 million newly developed products, highlighting China's manufacturing capabilities, which align with the Bank of China's financial service philosophy [6][8]. - The bank provided significant financial support, processing international settlements for exhibitors in Guangdong amounting to approximately 8.5 billion yuan during the fair [6]. Group 3: Human-Cultural Integration - The Bank of China established a new branch at the Canton Fair venue, enhancing service capabilities with 10 cash counters, 8 ATMs, and 5 intelligent currency exchange machines [8][9]. - The bank's volunteers provided various services, including translation and financial consultation, processing over 4,500 foreign currency exchange transactions worth approximately $1.76 million, a 38% increase from the previous fair [8]. Group 4: Digital Innovations - The Bank of China launched a co-branded digital wallet to promote the use of digital yuan, offering discounts for transactions made with the digital wallet during the fair [9]. - The "Laihua Tong" app, designed for foreign buyers, has been downloaded over 17,000 times since its launch, integrating multiple services for convenience [9]. Group 5: Future Outlook - The conclusion of the Canton Fair marks the beginning of a new journey, with the Bank of China committed to transforming its extensive experience into momentum for future growth, focusing on global financial integration and digital service innovation [11].