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01:18
Sibos conference in Beijing reveals China's financial openness
STORY: Sibos conference in Beijing reveals China's financial openness
SHOOTING TIME: Oct. 21, 2024
DATELINE: Oct. 23, 2024
LENGTH: 00:01:18
LOCATION: Beijing
CATEGORY: ECONOMY
SHOTLIST:
1. various of the Swift International Banker's Operation Seminar 2024
2. SOUNDBITE 1 (English): DAVID REGO, Global head of payments, cash management, transaction banking, Standard Chartered
3. various of the Swift International Banker's Operation Seminar 2024
4. SOUNDBITE 2 (Chinese): XING PING, Senior account manager, Financial Institutions Department, Bank of China
5. various of the Swift International Banker's Operation Seminar 2024
STORYLINE:
The Swift International Banker's Operation Seminar 2024 (Sibos 2024) is being held in Beijing, a milestone demonstrating the country's openness in the finance sector as it is the first time the Chinese capital has hosted the event.
Over 10,000 participants from more than 150 countries and regions have gathered for Sibos 2024, which covers a wide range of topics, including payments, digital assets, trade financing, artificial intelligence and sustainable finance.
David Rego from Standard Chartered acknowledged China's leading role in the financial sector.
SOUNDBITE 1 (English): DAVID REGO, Global head of payments, cash management, transaction banking, Standard Chartered
"I think China as far as the financial sector goes, has really been, I would say ahead of the game in some of the wallet space and the new payment method space. I think as far as the world sees it, China is very much front and center in the financial sector."
Xing Ping from the Bank of China hopes to deepen communication and cooperation with global financial institutions through the conference.
SOUNDBITE 2 (Chinese): XING PING, Senior account manager, Financial Institutions Department, Bank of China
"We hope to communicate with the foreign counterparts attending this conference and find out more cooperation paths."
The annual conference will run until Oct. 24 at the China National Convention Center.
Xinhua News Agency correspondents reporting from Beijing.
(XHTV)
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