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ICBC Successfully Holds Press Conference on Cooperation Achievements for Trade in Services
 

On September 7, 2020, during the 2020 China International Fair for Trade in Services (“CIFTIS”), the Industrial and Commercial Bank of China (“ICBC”) successfully held press conference on cooperation achievements for trade in services in Beijing. At the conference, ICBC signed cooperation agreements with China Petroleum Materials Corporation, Alibaba.com International and Fondazione Italia Cina (Sino-Italy Foundation) respectively, and launched such two innovative products, namely “Smart e-Link” and “ICBC e-Collection Manager”.

According to the introduction, “Smart e-Link” is an online contactless financial service solution for documentary business, launched in response to the development of Internet finance to provide customers with self-service application and management during the whole process of international business transactions. On this basis, standardized API interface is applied to build a direct online cross-border financial service system, characterized by “service by one click only”. Meanwhile, “ICBC e-Collection Manager” provides four major online channels, namely, API direct connection, bank-enterprise interconnection, online banking and SWIFT direct connection, to render “contactless”, “barrier-free” and “whole-process” intelligent collection services through such four major tailored services as one-stop customer service, response in seconds, intelligent manager and personalized customization.

In addition, “Global Business Matchmaking”, the one-stop platform independently developed by ICBC was also unveiled during the fair. The platform can meet enterprises’ diversified whole-process financial needs of “going global” and “bringing in”, accelerating the establishment of a “dual circulation” development pattern, which takes the domestic market as the mainstay and allows domestic and foreign markets to boost each other. During the event, ICBC and Sino-Italy Foundation agreed to cooperate in building an ecosystem to interconnect Italian and Chinese enterprises, organizing high-quality matchmaking activities, etc..


(2020-09-16)
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