Commercial Bank of China Singapore Branch Zhangwei Wu told reporters

". With dual currency yuan and Singapore dollar debit card, I went to China to study much more convenient," in Industrial and Commercial Bank of China Singapore Branch handling debit card NUS student 张紫薇 said: "I'm going to Beijing year of study, With this card, I deposited SGD in Singapore, China can directly withdraw yuan, eliminating the swap of twists and turns. "

General Manager

Commercial Bank of China Singapore Branch Zhangwei Wu told reporters, ICBC Singapore Branch is one of Singapore's two wholly owned licenses banks, branches can currently provide RMB deposits, remittances, cash exchange and foreign exchange trading services , Singapore and ASEAN by many customers.

ICBC Singapore Cheap Pilot Jerseys private banking, correspondent saw Ms. Wang came to do business. She is the Chinese doing business in Indonesia, is very optimistic about the prospects for appreciation of the yuan. "I am now trying to invest RMB. RMB interest rate than the U.S. dollar, Singapore dollar and other currencies to be high, plus the expected appreciation of RMB investment to get more revenue than any other currency."

thanks to huge trade between China and ASEAN, ASEAN has become the renminbi investment, financing currency from trading currencies. Worldwide Interbank Financial Telecommunications Association, said Singapore has surpassed London as the world's second largest after Hong Kong offshore renminbi center. ASEAN investors in order to meet the demand for the renminbi, China Industrial and Commercial Bank of Cheap Nationals Jerseys China and Bank of China Singapore Branch Singapore Branch have issued 2 billion yuan and 3 billion yuan-denominated bonds "Lion City debt."

"China is an important trading partner of ASEAN, ASEAN ASEAN hopes China can invest in the stock market investors." economic analyst at UOB Singapore Jian told reporters the whole of Germany, ASEAN has to Singapore, Malaysia, Thailand, Indonesia 7 stock exchanges connected together to establish a regional stock market called ASEAN stock exchanges. Recently, the ASEAN countries have also developed a common "Asean Star Index" and hope to attract international investors, including investors, including China.

China's rapid economic development, ASEAN investors hoping to reap the benefits of China's economic Cheap Mariners Jerseys development. It is reported that the Singapore Stock Exchange plans to launch in the third quarter of this year to China A-shares in Shanghai and Shenzhen stock markets 50 constituent stocks of the FTSE China A50 Index Options. Head of SGX derivatives products Xian Xianming said that given the strong investor interest in Southeast China's A-share market, the introduction of China A50 Index options can help investors to participate in and enjoy more trading opportunities by investing in a combination of operating margin.

fact, SGX as early as 2006 on the launch of China's stock as an investment in the subject of China A50 Index Futures. ASEAN as a financial center, SGX launched the China A50 Index Futures attracted many ASEAN investors. Driven by strong market demand, China A50 Index Futures SGX has become the fastest growing financial derivatives contract volume in 2013 reached a new record 22,000,000 contracts. As of the end of 2013, China A50 Index Futures open interest worth more than 20 billion dollars.

King William

Singapore Exchange broker sales director told reporters in Singapore Cheap Cardinals Jerseys ASEAN wealth management centers, many investors are optimistic about the prospects for Cheap Pirates Jerseys China-ASEAN countries economic development, hoping to invest in China through Singapore's financial markets. Therefore, SGX introduced many financial products and China-related.

Jian said the whole of Germany, when the 1997 Asian financial crisis, the Chinese insist on not devaluing the renminbi, to help Southeast Asian countries over the hump. Over the years, the strong growth of China's economy not only led to the growth of ASEAN exports, it also brings opportunities for ASEAN countries, banking and capital markets. He said that financial cooperation to new heights in China and Singapore, with Singapore's strong radiation effect as a regional financial center, the new financial cooperation will benefit the development of ASEAN for ASEAN Economic development has injected new vitality.

("People's Daily" SINGAPORE, June 22 (Xinhua))