Bank of China's Chairman of Board Tian Guoli (C) attended the Sino-U.S Small and Medium-Sized Enterprises Forum in New York on September 28, 2015.

Sino-U.S Small and Medium-Sized Enterprises Forum was held on September 28, 2015 in New York. Organized by CGCC-U.S.A. (China General Chamber of Commerce- U.S.A.) and Bank of China, the forum gathered dozens of Chinese and U.S. companies, providing a bridging platform for the cooperation between Chinese and American business communities. The forum also served as inauguration of the new Bank of China building located at midtown New York.

Representatives from 47 small and medium-sized Chinese companies and their counterparts from the U.S. attended the meeting, seeking opportunities to collaborate with each other. Tian Guoli, Chairman of Bank of China spoke at the event. He remarked on his experience as part of the delegation with President Xi in this State Visit to the U.S. and talked about the new move Bank of China is going to take in New York. “As a commercial bank, we bought this new building to stress our commitment on supporting the trade and business collaboration between China and U.S.,” said Tian, remarking on the new position Bank of China is going to take in the partnership across the Pacific.

Representatives from 47 small and medium-sized Chinese companies and their counterparts from the U.S. attended the Sino-U.S Small and Medium-Sized Enterprises Forum in New York on September 28, 2015.

“The economic and trade cooperation between China and U.S. is in good shape. We hope to contribute more to help with Chinese companies coming to the U.S. and the other way around,” said Tian. Some 2,000 Chinese companies have built their establishments across 44 states in the U.S.. “Bank of China, however, only do business in four states in the U.S.,” said Tian, anticipating a more important role Bank of China is about to play in the Sino-U.S. economic relation.

Some 23 percent income Bank of China yielded each year came from abroad. The forum is a platform to build mutual-trust between Chinese small to medium-sized companies and the U.S. firms. “We hope more Chinese companies are coming to the U.S.. Some U.S. firms they are going to deal with are our clients, so we can help bridge the partnership,” said Tian, emphasizing the support Bank of China is going to provide for the small and medium-sized businesses in both countries.

The event was kicked off with panel discussions featuring speeches from U.S. Under Secretary for International Trade at the Department of Commerce Stefan Selig, Bank of China U.S. chief Xu Chen, Minister for Commercial Affairs at the Chinese Embassy to the U.S. Zhu Hong and other experts on Sino-U.S. economic trade. 

Office building of Bank of China in Manhattan, New York City.