President Qi Jiang and Lawyer Guihe Wen were Invited to the Exchange Symposium on RMB Internationalization in Southeast Asia
On May 30, 2019, Guangxi Fudi Fiance Investment Group Co. Ltd (hereinafter referred as “Fudi Group”) held the Big Data & Supply Chain Business Fair. Managing Partner Qi Jiang of DHH and Lawyer Guihe Wen (South Regional Center Director of DHH and Party Branch Secretary of DHH Shenzhen Office) were invited to attend the meeting and put forward some constructive suggestions on the ASEAN Big Data Supply Chain Platform and RMB Internationalization in Southeast Asia. Preliminary cooperation intentions has been reached among DHH. Chairman Ruxiong Chen of Fudi Group introduced Fudi’s development in big data and supply chain and then expressed his desire for further cooperation with the participants in promoting the RMB Internationalization in Southeast Asia. Representatives from many institutions participated in the meeting, including President Xueyan Qin and Vice-President Ting Chen of Fudi Group, Vice-President Yashan Qiu of Block-chain (China) Research Institute, President Bo Peng of Shandong Petrochemical Supply Chain, President Shiping Li of VP Honor, Director Shaoreng Xu of Oriental Fortune Capital, Project Manager Bin Zhang of Yunnan International Trust Co, Ltd and so on.
After the meeting, the guests also went to Jingxi, Baise to inspect the China (Longbang)—Vietnam Cross-border Economic Cooperation Zone, the core function of which is to provide platform to the Belt & Road, the New International Land-Sea Trade Corridor and Baise National Key Experimental Zone for Development and Opening-up. This project includes six functional areas such as Border Trade Zone, General International Trade Service Area, International Muti-mode Transport Transit Trade Zone, International Bonded Processing and Sorting Area, ASEAN Free Trade Area and ASEAN Cross-border E-commerce Zone. ASEAN Big Data Supply Chain Service Platform will cooperate with those Zones in many aspects in the future.
On December 28th, 2018, the 13 ministries and commissions including the People's Bank of China jointly issued the Overall Plan for Guangxi Zhuang Autonomous Region to Open its Door to ASEAN with the approval of the State Council, indicating “to establish a port trade settlement information service platform base on big data”, thus to provide real-time data for the People's Bank of China supervising the trade between China and ASEAN, and then promote the RMB internationalization in Southeast Asia. On April 9th, 2019, ASEAN Supply-Chain Service Platform Strategic Cooperation Agreement was signed between Guanxi Jiesuan Big Data Co.,Ltd, a subsidiary of Fudi Group, and Guangxi Financial Electronic Settlement Service Center, China Guangfa Bank Nanning Branch, Allin Pay Guanxi Branch subordinate to People's Bank of China. This marked that the first cross-border trade service platform in China to access the central bank settlement clearing system was located in Baise. At present, the preparation for the Platform is in progress and it will be put into operation in the near future, contributing to the RMB internationalization in Southeast Asia as soon as possible.
