State Administration of Foreign Exchange

Xinhua Silk Road: Annual Conference of Financial Street Forum 2023 kicks off in Beijing

Retrieved on: 
Thursday, November 9, 2023

BEIJING, Nov. 9, 2023 /PRNewswire/ -- Themed "Better China Better World -- Enhancing Financial Openness and Cooperation for Shared Growth and Mutual Benefits," the Annual Conference of Financial Street Forum 2023 opened on Wednesday in Beijing, capital of China.

Key Points: 
  • BEIJING, Nov. 9, 2023 /PRNewswire/ -- Themed "Better China Better World -- Enhancing Financial Openness and Cooperation for Shared Growth and Mutual Benefits," the Annual Conference of Financial Street Forum 2023 opened on Wednesday in Beijing, capital of China.
  • Addressing the conference, Yin Li, secretary of the Communist Party of China Beijing Municipal Committee, said that China's financial market, with its large scale, full potential, rapid development and solid foundation of the real economy, has become a key force in maintaining global financial stability.
  • Openness and cooperation will go a long way toward promoting growing, secured and sustainable economic prosperity, under the multiple challenges faced by global economy, said Agustin Carstens, General Manager of the Bank for International Settlements through video link during the conference.
  • Jointly hosted by the People's Government of Beijing Municipality, the PBOC, the NFRA, the CSRC, Xinhua News Agency and the SAFE, this year's conference includes a total of 42 activities, welcoming over 400 heavyweight guests from more than 30 countries and regions to share views upon overcoming global economic challenges through financial cooperation.

Xinhua Silk Road: Annual Conference of Financial Street Forum 2023 kicks off in Beijing

Retrieved on: 
Thursday, November 9, 2023

BEIJING, Nov. 9, 2023 /PRNewswire/ -- Themed "Better China Better World -- Enhancing Financial Openness and Cooperation for Shared Growth and Mutual Benefits," the Annual Conference of Financial Street Forum 2023 opened on Wednesday in Beijing, capital of China.

Key Points: 
  • BEIJING, Nov. 9, 2023 /PRNewswire/ -- Themed "Better China Better World -- Enhancing Financial Openness and Cooperation for Shared Growth and Mutual Benefits," the Annual Conference of Financial Street Forum 2023 opened on Wednesday in Beijing, capital of China.
  • Addressing the conference, Yin Li, secretary of the Communist Party of China Beijing Municipal Committee, said that China's financial market, with its large scale, full potential, rapid development and solid foundation of the real economy, has become a key force in maintaining global financial stability.
  • Openness and cooperation will go a long way toward promoting growing, secured and sustainable economic prosperity, under the multiple challenges faced by global economy, said Agustin Carstens, General Manager of the Bank for International Settlements through video link during the conference.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/xinhua-silk-road-annual-confere...

Xinhua Silk Road: Annual Conference of Financial Street Forum 2023 to be held during Nov. 8-10 in Beijing

Retrieved on: 
Friday, November 3, 2023

BEIJING, Nov. 3, 2023 /PRNewswire/ -- The Annual Conference of Financial Street Forum 2023 will kick off on November 8 in Beijing, with the focus on strengthening financial openness and cooperation as well as promoting economic sharing and win-win results.

Key Points: 
  • BEIJING, Nov. 3, 2023 /PRNewswire/ -- The Annual Conference of Financial Street Forum 2023 will kick off on November 8 in Beijing, with the focus on strengthening financial openness and cooperation as well as promoting economic sharing and win-win results.
  • The three-day event will invite more than 400 guests from over 30 countries and regions around the world to discuss and exchange views on current economic and financial hot topics, and on how to empower world economic development through financial cooperation, according to a press conference held on Wednesday.
  • The Financial Street Forum has been successfully held for 11 sessions since 2012.
  • From 2020, the annual conference of Financial Street Forum has been upgraded to a national and international professional forum, becoming an important platform for openness and development.

Dada Announces Unaudited First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 10, 2023

Net revenues generated from JDDJ increased by 30.3% from RMB1,402.3 million in the first quarter of 2022 to RMB1,826.7 million in the first quarter of 2023, mainly due to the increase in GMV.

Key Points: 
  • Net revenues generated from JDDJ increased by 30.3% from RMB1,402.3 million in the first quarter of 2022 to RMB1,826.7 million in the first quarter of 2023, mainly due to the increase in GMV.
  • Selling and marketing expenses were RMB1,316.6 million, compared with RMB1,114.5 million in the same quarter of 2022.
  • Net loss attributable to ordinary shareholders of Dada was RMB350.4 million, compared with RMB604.2 million in the same quarter of 2022.
  • For the second quarter of 2023, Dada expects total revenue to be between RMB2,800 million and RMB3,000 million, representing year-over-year growth of 22.7% to 31.5%.

The 5th CCI-FS Opened in Chongqing and Singapore, Advancing Green and Sustainable Finance

Retrieved on: 
Friday, April 21, 2023

"Our collaboration has expanded to include areas such as green and sustainable finance."

Key Points: 
  • "Our collaboration has expanded to include areas such as green and sustainable finance."
  • Over the past seven years, Chongqing and Singapore have deepened their financial cooperation under the CCI.
  • Chongqing enterprises invested more than US$60 million in Singapore, and Singaporean institutions directly invested US$3.4 billion in Chongqing.
  • For more details on 5th CCI-FS, please click https://www.ichongqing.info/special/cci-fs-2023/

The 5th CCI-FS Opened in Chongqing and Singapore, Advancing Green and Sustainable Finance

Retrieved on: 
Friday, April 21, 2023

"Our collaboration has expanded to include areas such as green and sustainable finance."

Key Points: 

Baozun Completes Acquisition of Gap Shanghai and Announces Senior Management Appointment for Gap Greater China

Retrieved on: 
Wednesday, February 1, 2023

Since the opening of its first China store in 2010, Gap Greater China has achieved robust expansion throughout Greater China, amassing broad brand awareness in the region.

Key Points: 
  • Since the opening of its first China store in 2010, Gap Greater China has achieved robust expansion throughout Greater China, amassing broad brand awareness in the region.
  • Following the completion of the acquisition of Gap Shanghai, Baozun will run Gap’s operations in Mainland, Hong Kong and Macao, China, starting from February 1, 2023.
  • Gap Greater China will become part of the Baozun group, under the business line of Baozun Brand Management, led by Sandrine Zerbib, President of Baozun Brand Management.
  • Vincent Qiu, Chairman and Chief Executive Officer of Baozun, commented: “We are excited to welcome Gap Greater China and Wing Xiao into Baozun Brand Management.

Xinhua Silk Road: Financial Street Forum annual conference concludes with discussions on national financial management center construction

Retrieved on: 
Tuesday, November 29, 2022

BEIJING, Nov. 29, 2022 /PRNewswire/ -- The Annual Conference of Financial Street Forum 2022 closed amidst talks and discussions on deepening financial reform and opening up and fostering high-quality construction of Financial Street as the national financial management center on Wednesday.

Key Points: 
  • BEIJING, Nov. 29, 2022 /PRNewswire/ -- The Annual Conference of Financial Street Forum 2022 closed amidst talks and discussions on deepening financial reform and opening up and fostering high-quality construction of Financial Street as the national financial management center on Wednesday.
  • Currently, around 1,900 financial institutions of varied types including 175 institution headquarters have settled along the Financial Street, where the Beijing Stock Exchange and Beijing Financial Court are also located, said Sun Shuo, secretary of CPC Beijing Xicheng district committee, adding that now Financial Street boasts more functions and better financial ecology.
  • Beijing Xicheng District will strive to craft Financial Street into a national financial management center with complete financial functions, open financial market, top business environment and increasing international influence, according to Sun.
  • Held in the year when construction of the Financial Street in Xicheng District of Beijing already went through 30 years, the forum underpinned the role of the Financial Street as a window to showcase China's financial reform and opening up.

Xinhua Silk Road: Economic development, financial cooperation amid changes highlighted at Financial Street Forum 2022 annual conference

Retrieved on: 
Wednesday, November 23, 2022

BEIJING, Nov. 23, 2022 /PRNewswire/ --The Annual Conference of Financial Street Forum 2022 kicked off in Beijing on Monday with the theme "Forge Ahead Toward a Shared Future: Economic Development and Financial Cooperation Amid Changes", attracted participants shared their views and insights regarding the conference theme.

Key Points: 
  • BEIJING, Nov. 23, 2022 /PRNewswire/ --The Annual Conference of Financial Street Forum 2022 kicked off in Beijing on Monday with the theme "Forge Ahead Toward a Shared Future: Economic Development and Financial Cooperation Amid Changes", attracted participants shared their views and insights regarding the conference theme.
  • Yin Li, secretary of the Communist Party of China (CPC) Beijing Municipal Committee, said at the conference that, Beijing will continue to strengthen the development of the financial sector to inject impetus into the real economy, at the same time, Beijing is committed to deepening reform and innovation in the financial sector to promote a higher level of financial opening-up.
  • Fu Hua, president of Xinhua News Agency, said that Xinhua will be firmly committed to strengthening news coverage and relevant information services in China's financial sector to provide strong support for the healthy development of China's financial industry.
  • This year's forum is jointly organized by the People's Government of Beijing Municipality, the People's Bank of China, Xinhua News Agency, China Banking and Insurance Regulatory Commission, China Securities Regulatory Commission and the State Administration of Foreign Exchange.

Xinhua Silk Road: Economic development, financial cooperation amid changes highlighted at Financial Street Forum 2022 annual conference

Retrieved on: 
Wednesday, November 23, 2022

BEIJING, Nov. 22, 2022 /PRNewswire/ --The Annual Conference of Financial Street Forum 2022 kicked off in Beijing on Monday with the theme "Forge Ahead Toward a Shared Future: Economic Development and Financial Cooperation Amid Changes", attracted participants shared their views and insights regarding the conference theme.

Key Points: 
  • BEIJING, Nov. 22, 2022 /PRNewswire/ --The Annual Conference of Financial Street Forum 2022 kicked off in Beijing on Monday with the theme "Forge Ahead Toward a Shared Future: Economic Development and Financial Cooperation Amid Changes", attracted participants shared their views and insights regarding the conference theme.
  • Fu Hua, president of Xinhua News Agency, said that Xinhua will be firmly committed to strengthening news coverage and relevant information services in China's financial sector to provide strong support for the healthy development of China's financial industry.
  • This year's forum is jointly organized by the People's Government of Beijing Municipality, the People's Bank of China, Xinhua News Agency, China Banking and Insurance Regulatory Commission, China Securities Regulatory Commission and the State Administration of Foreign Exchange.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/xinhua-silk-road-economic-devel...