By love-89.com The first Overseas Chinese Financial Forum kicked off on October 19 in Xiamen, under the theme of “Upholding the Banner of Overseas Chinese Finance and Vigorously Promoting the Spirit of Chen Jiageng.” This event brought together over 200 participants, including representatives from government agencies, renowned overseas Chinese entrepreneurs, distinguished scholars, and financial institutions. The goal was to explore innovative service models and frameworks for overseas Chinese finance amidst a new wave of high-level opening, accelerating the internationalization of financial markets, and empowering China’s high-quality economic development.
The forum, guided by the Fujian Provincial Overseas Chinese Federation and hosted by Xiamen International Bank, Jiuyou Bank, and Macau International Bank, featured speeches from notable figures including Chen Shihai, Secretary of the Fujian Provincial Overseas Chinese Federation, and Yin Youxiang, a member of the China Banking Association’s Party Committee.
In his address, Chen Shihai emphasized the lasting impact of Chen Jiageng’s dedication to his homeland and the development of education. He stated that the spirit of Jiageng continues to shine brightly and holds significant contemporary value. He encouraged overseas Chinese to leverage the platform of overseas Chinese finance to actively participate in the economic development of their hometowns, inherit and promote the Jiageng spirit, and contribute to the realization of the Chinese Dream under the guidance of national strategies.
Yin Youxiang added that the financial services tailored for overseas Chinese complement and extend the Jiageng spirit. He highlighted how overseas Chinese finance can facilitate cross-border transactions, contribute to the Belt and Road Initiative, and enhance policy communication and trade cooperation. Strengthening these financial services is vital for fostering high-quality development within the overseas Chinese economic circle and supporting China’s modernization efforts.
During the forum, the launch of a national pilot project for the standardization of overseas Chinese financial services was also announced. Xiamen International Bank, the first financial institution in Fujian approved for this pilot, marks a new chapter in establishing a standardized system for overseas Chinese financial services.
Chen Jiageng’s grandson, Chen Liren, shared his reflections on participating in the “Passing on the Jiageng Spirit: Gathering Overseas Chinese Hearts” torch relay event last year, where he had the honor of being the last torchbearer. He noted that the relay—celebrating Jiuyou Bank’s 80th anniversary—spanned 12 cities and garnered significant attention from overseas Chinese communities. He underlined that Xiamen International Bank Group not only engages in close business collaboration but also passionately carries forward their grandfather’s philanthropic legacy, emphasizing the importance of the Jiageng spirit.
“I was very pleased to see the enthusiastic response of the younger generation to the Jiageng spirit during the torch relay,” he remarked.
The forum’s keynote speeches featured insights from Lin Guangzhao, Vice Chairman of Bank of China International and Honorary Chairman of the Hong Kong Fujian Community Association, among others. The high-level dialogue session addressed themes like “Financial Empowerment for Overseas Chinese: A Collaborative Approach to Openness,” discussing how to cultivate an environment for overseas Chinese finance and create modern financial models to support China’s developmental goals.
The event concluded with the publication of China’s first group standard for overseas Chinese financial services, spearheaded by Xiamen International Bank in collaboration with other banks, including Industrial and Commercial Bank of China and Agricultural Bank of China. Xiamen International Bank’s President, Cao Yunchuan, stated that this standard aims to establish a comprehensive and systematic framework for unified overseas Chinese financial services in the banking sector.