日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Agricultural Bank of China starts RMB settlement in UAE

Xinhua | Updated: 2017-05-11 08:53
Share
Share - WeChat

An employee counts yuan banknotes at a bank in Huaibei, Anhui province, June 22, 2010. [Photo/Agencies]

DUBAI - Agricultural Bank of China (ABC), the third biggest lender in China in relation to assets, opened here on Wednesday a Chinese currency renminbi, or the yuan, clearing branch in the United Arab Emirates (UAE).

The Dubai branch is ABC's first yuan clearing bank and its second branch in the Middle East after another branch in the Dubai International Financial Center (DIFC), the biggest financial free zone in the region.

ABC said in a media statement at the opening ceremony that the new branch is to improve ABC's global settlement business, contribute to internationalization of yuan, and support the Belt and Road Initiative.

Its Dubai Branch will provide diversified banking services including yuan settlement, trade finance, syndicated loans and foreign exchange transactions.

At the opening ceremony, Zhao Huan, President of ABC, said that the branch "operating on a strictly compliant basis, would actively participate in the development of an offshore yuan market in UAE, and promote the use of yuan in China-UAE trade, investment, payment, settlement and market transactions, to support the fast-developing bilateral financial cooperation."

The Gulf Arab state UAE, a major oil supplier, is one of China's most important trading partners. Since the establishment of diplomatic relations over 30 years ago, China-UAE bilateral trade has grown from $63 million in 1984 to $54.8 billion in 2014 and is estimated to reach $60 billion by the end of 2016, according to UAE official data.

More than 4,000 Chinese firms operate in the UAE where over 300,000 Chinese citizens reside in. Earlier last month, Dubai Tourism said among Dubai's top 20 source markets for inbound tourism, China continued to top the growth rate with a 64-percent increase over the first quarter in 2016, delivering 230,000 tourists.

ABC's move is based on agreement to set up a yuan settlement hub that was signed while Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al-Nahyan was in China for an official visit in December 2015.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 中文字幕播放 | 亚洲影院在线 | 男女黄色一级片 | 国产免费视频一区二区三区 | 国产精品免费一区二区三区 | 日韩在线精品视频 | 天天色婷婷 | 中文一级片 | 亚洲国产一区二区三区在线观看 | 京香julia在线 | 瑟瑟综合网 | 青青青视频在线播放 | 国产天堂视频 | 日韩一二三四 | 伊人色婷婷 | 亚洲视频精选 | 亚洲一区国产精品 | 国产一级黄色 | 日本一区二区三区在线视频 | 免费观看的毛片 | 成人免费毛片糖心 | 国产原创视频在线观看 | 成人毛片a | 男女污污网站 | 婷婷视频| 性色av一区二区 | 一级裸体视频 | 天天夜夜骑 | 免费观看一区二区三区 | 骚虎影院在线观看 | 中文字幕第4页 | 99免费在线观看视频 | 亚洲天堂视频网 | 国产福利片在线观看 | 欧美区日韩区 | 超碰偷拍| 波多野结衣视频一区二区 | 久久久久久9999 | 亚洲无遮挡 | 国产成人免费观看视频 | 免费看一级黄色 |