Bank focuses on growing SME business globally
Bank of China serves as a bridge for economic cooperation and offers high-quality cross-border matchmaking services to small and medium-sized enterprises. BOC is the strategic partner of the third China International Import Expo and aims to help promote multilateral trade f or an open world economy.
BOC is committed to helping SMEs solve the challenges they face in their cross-border operations while also building a platform for SMEs to improve their overseas business operations.
Through October, BOC had held 68 cross-border matchmaking events in fields such as information technology, biomedicine, high-end manufacturing, artificial intelligence and modern agriculture, attracting 30,000 companies from 125 countries and regions. It has helped companies seek business cooperation in trade, investment and technological innovation.
BOC’s cross-border matching services rely on the bank’s global SME matchmaking system. The system i mproves cross-border matchmaking efficiency through an online platform for domestic and foreign enterprises to negotiate and dock.
It covers customer registration, independent selection of negotiation objects, intelligent matching with customer needs, automatic arrangement, live broadcast, cloud signing and conference support.
Enterprises can register and apply online through the system to improve the company’s homepage, participation and docking demand.
After registration, companies can enter the system to select companies that are interested in docking in advance according to their needs and make an appointment for on-site negotiation.
Both parties that have reached the cooperation intention can carry out an efficient and convenient online signing ceremony in the system.
Enterprises can use the system to realize the docking negotiation schedule, query the object and initiate on-site negotiation among other business activities.
In 2018, the matchmaking meeting during t he first CIIE attracted 1,178 overseas exhibitors from 82 countries and regions and 2,462 domestic exhibitors from all 31 provinces, municipalities and autonomous regions in the Chinese mainland. Merchants have reached 1,276 intent transactions and 601 further on-site inspection intentions.
Last year, the Supply and Demand Matchmaking Conference during the second CIIE attracted 4,625 Chinese and foreign companies from 103 countries and regions. It also produced 2,160 transaction intentions.