• Nearly 30 young Singaporean political and business leaders exchanged views with more than 30 entrepreneurs from Shenzhen and Chengdu
• Providing technological convenience: Business China students take the lead in experiencing the payment convenience brought by digital yuan to visitors to China in Shenzhen
• Discussing green finance: A green finance forum was held in Chengdu to discuss green productivity and sustainable enterprise development in the digital intelligence era

SINGAPORE, May 2, 2024/PRNewswire/ -- China Construction Bank Corporation (”CCB“or”conglomerate“) Singapore Branch (”CCB Singapore Branch“) As a “Market Think Tank Partner”, Trade China 2024 Senior Leadership Seminar in Singapore (”ALP“) Two themed events were successfully held during the “Chinese Immersion” trip.

On the afternoon of April 24, 2024, the “Linking China and Singapore, Smart Construction Bank” theme matchmaking event was held at the Shenzhen Science and Technology Innovation Branch of China Construction Bank. Dr. Xu Baokun, Senior Minister of Administration of the Ministry of Manpower and the Ministry of Sustainable Development and Environment of Singapore, Director of Commerce China, Chen Shenghui, Minister of Administration of the Ministry of Trade, Industry and Culture, Community and Youth of Singapore, and Ho Chi Hsuan, President of Business China, attended the event with nearly 30 new and old ALP students. The participants are comprised of Singaporean business executives and entrepreneurs from the finance, real estate, energy, investment, logistics, technology, and pharmaceutical industries, as well as government officials. China Construction Bank invited 20 business representatives from the technology, electronics, warehousing and logistics, education, construction and other industries in Shenzhen to attend.

Representatives of the Singapore-Shenzhen Smart City Project Cooperation Company and Shenzhen Lianyirong Digital Technology Co., Ltd. gave a presentation on the theme of paperless trade and technology empowering the Singapore-Shenzhen Smart City. Representatives from CCB's Shenzhen Science and Technology Innovation Branch, four technology, supply chain, green energy, and electronics companies in Shenzhen, and five student representatives from Commerce China introduced the company's business.

At the event, CCB Singapore Branch also shared the latest developments in digital yuan development in China, introduced the advantages of digital yuan compared to other payment methods and the registration and wallet opening process, and assisted Singaporean customers to download and experience digital yuan applications and spending. The guests were excited and downloaded many times. Several guests opened digital currency wallets on the spot and bought drinks at CCB's digital currency vending machines, and had their first digital currency spending experience. As drinks rolled from the machine to the pickup point, everyone applauded and celebrated, laughing, and excited to experience the new payment method.

On April 29, 2024, the “Digital Intelligence Speeds, Greening China and New Zealand” theme forum was held in Chengdu. Dr. Xu Baokun, Senior Minister of Administration of the Ministry of Manpower and the Ministry of Sustainable Development and Environment of Singapore, Director of Business China, Li Yixian, Chairman of Business China, and Ho Chi Hsuan, President of Business China, participated with ALP participants. Li Chao, Vice President of CCB Singapore Branch, delivered a welcome speech. The guests listened to an introduction from the Chengdu Finance Bureau on the business environment in Chengdu and the green finance services of CCB Sichuan Branch. Zhao Jingmei, vice dean of the School of Finance of Southwest University of Finance and Economics, gave a keynote speech on the theme of “Chengdu-Chongqing Double City Strategy” and the green and sustainable development of China's economy. Chen Xiao, Deputy Head of the Financial Services and Capital Markets Department of CCB Singapore Branch, presided over a round-table discussion on the theme of “Green Productivity and Corporate Sustainability in the Digital Intelligence Era”. Two startups in the new energy and technology industries in Chengdu introduced and showcased their products and technologies.

Sun Nianbei, general manager of the Singapore branch of China Construction Bank, explained“Over the years, Commerce China has made outstanding contributions to the promotion of Sino-Singapore economic and cultural exchanges by organizing various activities. CCB is the second-largest bank in the world, and the Singapore branch is an important flagship store for CCB to develop overseas business. While we are deeply involved in the local market and developing banking business, we also adhere to the head office's philosophy of fulfilling social responsibility and expanding our circle of friends. We hope to share our experiences, perceptions, and information about the Chinese market through cooperation with the ALP project in China and contribute to promoting cultural exchanges and economic and trade exchanges between the two countries.”

Introduction by He Zhixuan, CEO of Commerce ChinaThe “Business China Senior Leaders Seminar is one of the flagship projects of Business China. It aims to cultivate and create “Xinzhongtong” business leaders who keep pace with the times and enhance their ability to interact with Chinese companies in all aspects. Through the professional perspectives of industry insiders, the participants learned and understood the development trends, business patterns and economic models of Chinese enterprises through in-depth market research in different regions of China, in order to open up new investment and development opportunities. We are very grateful to CCB for supporting this event as a market think tank partner, making this event more complete and giving all participants an opportunity to understand the Chinese market more comprehensively.”

The seminar is held once a year and lasts 2-3 months, including two parts: an academic session and immersion in China.

About China Construction Bank

China Construction Bank Co., Ltd. is a leading commercial bank in China, headquartered in Beijing. Its predecessor, the People's Construction Bank of China, was founded in October 1954. The Bank was listed on the Hong Kong Stock Exchange in October 2005 (stock code 939) and on the Shanghai Stock Exchange in September 2007 (stock code 601939). The Bank's market capitalization at the end of 2023 was approximately US$151,857 billion, ranking 8th among the world's listed banks. In order of Tier 1 capital, the Group ranks second among global banks.

The Bank provides comprehensive financial services such as corporate finance business, personal finance business, capital asset management business, etc., serving 757 million individual customers and 10.82 million corporate customers, and has subsidiaries in various industries such as funds, leasing, trusts, insurance, futures, pensions, and investment banking. At the end of 2023, the Group had a total of 376,871 employees and 14,895 business establishments, including nearly 200 overseas institutions at all levels, covering 31 countries and regions.

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