BANK OF CHINA USA SUPPORTED THE 2024 COLUMBIA CHINA SUMMIT

On April 6, 2024, Bank of China USA supported the 2024 Columbia China Summit. Mr. Wei HU, Chairman of CGCC and President and CEO of Bank of China – USA, delivered the closing remarks.

During his speech, Mr. Wei Hu emphasized that the Chinese economy is undergoing a critical transition period, with resilience and innovation being key characteristics of China's sustainable development. He highlighted the active support provided by Bank of China U.S.A. and the China General Chamber of Commerce USA to local community development, serving as a bridge and link in promoting trade and investment between the United States and China. He stated that it is through these collective efforts and continuous participation of all parties that we can overcome challenges and seize future opportunities in the dynamic landscape of US-China economic and trade relations.

He encouraged all participants to take this summit as an opportunity to continue implementing the "San Francisco Vision" and to promote deeper understanding and closer ties between the business communities of China and the United States.

The Columbia China Summit, formerly known as the China Business Conference (CCBC), was organized by the Greater China Society of Columbia Business School (GCS). It stands out as one of the most influential China-related business conferences in North America. Established in 2008, the conference envisions enhancing participants' understanding of China's rapidly evolving business and economic environment. It also provides a platform for dialogue on key opportunities and challenges associated with doing business with and in China. The 2024 Summit explored the profound transformation of China in the global arena. Numerous well-known speakers from the fields of finance, technology, culture, and other areas in both China and the United States came to share their insights and engage in extensive discussions with nearly 500 audience members both online and offline on topics including global financial trends, opportunities in the Chinese market, transformation and upgrading of manufacturing, development of new energy sources, and innovation in the internet industry.