On November 17, Ge Haijiao, Chairman of Bank of China Limited, met with Prof. Joachim Nagel, President of the Deutsche Bundesbank, at the Bank’s Head Office in Beijing. They exchanged views on a wide range of topics, including offshore RMB center development, digital currency innovation, cross-border payment, and RMB asset allocation. Liu Chenggang, Executive Vice President of Bank of China Limited, also attended the meeting.

Both sides agreed to deepen communication and collaboration in areas like the RMB’s international use and payment innovation, and to promote bilateral trade and economic relations through high-quality financial services, delivering more concrete outcomes for both countries.