On 29 March 2017, Shenzhen Stock Exchange (hereinafter referred as SZSE) and Bank of China Limited(hereinafter referred as BOC) signed strategic cooperation agreement in Shenzhen, hand-in-hand boosting the ‘Belt and Road’ Cross-border financial services. Wu Lijun, Chairman of the Council of SZSE, Wang Jianjun, General Manager of SZSE and Tian Guoli, Chairman of the board of BOC and Gao Yingxin, Vice President of BOC attended the signing ceremony.
According to the agreement, both sides will cooperate at home and aboard, jointly serving the innovative small-and-medium enterprises (SME), materializing information sharing, platform connecting, products innovation and cross-border services. Firstly, the ‘Belt and Road’ cross-border financial services will be pushed forward. Via online road show and off-line connection, cross-border investment and financing projects will be matched, facilitating the shaping of the cross-border capital. Secondly, innovation of cross-border financial products will be explored to back-up the facilitation of cross-border financing of enterprises, and supporting the emerging of diversified financing tunnels. Thirdly, work of cultivation of SME will be jointly carried out, propelling the issuance and listing, providing a wholly life circle of supply train financial services to the enterprises.
SZSE have always shouldered the responsibilities of backing up SMEs, private enterprises, and innovative enterprises. Via ‘Tech SME Growth Route Plan 2.0’, SZSE launched orderly investment and financing matching services for the enterprises, striving to forge economical, high-efficient, transparent enterprise investment and financing information matching platform, and develop innovation capital center.
For the next steps, under SZSE and BOC’s strategic cooperation framework, both sides will work together to develop China-Cambodia SME Cross-border Capital Service Platform in Cambodia, carry out enterprise cross-border investment and financing matching services, and guide and train the enterprises displayed on the platform, and further serve the integration development of the real economy of two countries, and implement the state strategy of the ‘Belt and Road’. Both sides expressed their hope of promoting SME Cross-border Capital Service Platform to other countries and regions along the ‘Belt and Road’ route on the basis of successful trial in Cambodia.
