On October 13, Chen Zhineng, the head of the Shanghai branch of the Bank of China, said at a press briefing held by the Shanghai Banking Association that Shanghai is an important source of strategy for domestic companies to set sail overseas, and a large number of local enterprises are speeding up the global industrial layout. Enterprises often face multiple challenges when going overseas. Overseas projects are invested in large volumes, construction cycles are long, and cross-border financing is difficult to obtain. At the same time, there is a general shortage of overseas local resources. There are shortcomings in non-financial fields such as law, taxation, commerce, finance, intellectual property protection, and overseas resource docking, and there is an urgent need for “financial+non-financial” comprehensive service support.
Zhitongcaijing · 2d ago
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On October 13, Chen Zhineng, the head of the Shanghai branch of the Bank of China, said at a press briefing held by the Shanghai Banking Association that Shanghai is an important source of strategy for domestic companies to set sail overseas, and a large number of local enterprises are speeding up the global industrial layout. Enterprises often face multiple challenges when going overseas. Overseas projects are invested in large volumes, construction cycles are long, and cross-border financing is difficult to obtain. At the same time, there is a general shortage of overseas local resources. There are shortcomings in non-financial fields such as law, taxation, commerce, finance, intellectual property protection, and overseas resource docking, and there is an urgent need for “financial+non-financial” comprehensive service support.
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