The Guangdong Hong Kong Macao Credit Association has joined hands to establish a regular exchange an

Mondo Finance Updated on 2024-01-28

On the afternoon of December 6, the 2023 Guangdong-Hong Kong-Macao Greater Bay Area Credit Forum was successfully held in Guangzhou. The forum was guided by the Guangdong Provincial Development and Reform Commission, the Department of Commerce of Guangdong Province, the Guangdong Provincial Taxation Bureau, the Guangdong Provincial Council for the Promotion of International Trade, the Guangdong Federation of Industry and Commerce, and co-organised by the Guangdong Credit Association, the Hong Kong Credit and Receivables Management Association, and the Macau Credit and Commercial Account Management Association. More than 250 people from financial institutions, credit service institutions, industrial and commercial enterprises, experts and scholars from the Guangdong-Hong Kong-Macao Greater Bay Area gathered together to offer suggestions and suggestions for deepening cooperation in the credit service industry and promoting the credit construction in the Greater Bay Area.

Wu Liejin, deputy to the 13th National People's Congress and president of the Guangdong Credit Association, said in his speech that the Guangdong-Hong Kong-Macao Greater Bay Area is an important engine for China's regional economic development, with world-class innovation capabilities and diversified industrial structure. The Guangdong-Hong Kong-Macao Greater Bay Area Credit Forum aims to gather industry forces, give full play to professional advantages, and build a platform for credit experience exchange and think tank results release based in the Bay Area, in collaboration with Hong Kong and Macao, and with a global perspective.

Mr. Lo Pak Dao, President of the Hong Kong Credit and Collection Management Association, said that under the current trend of digitalization, Hong Kong's credit industry is actively embracing change, and they are striving to improve the level of digitalization, using big data, artificial intelligence and other technologies to continuously improve service efficiency and optimize customer experience. Yue Zhihui, Founding President of the Macau Credit and Commercial Accounting Management Association, said that the cooperation in the credit industry in the Guangdong-Hong Kong-Macao Greater Bay Area will help improve the credit risk management level of enterprises in the Greater Bay Area, and he hopes to accelerate the establishment of a unified credit and commercial account management system.

Zou Jinqiu, a fourth-level researcher of the Credit Construction Department of the Development and Reform Commission of Guangdong Province, delivered a speech on behalf of the forum guidance unit, she believes that the holding of the first Guangdong-Hong Kong-Macao Greater Bay Area Credit Forum marks an important step forward in credit exchanges and cooperation in the Greater Bay Area, and also provides an important exchange platform for the mutual recognition of credit rules in Guangdong, Hong Kong and Macao.

The theme of this year's forum is "Connecting Guangdong, Hong Kong and Macao with Credit as a Bridge", focusing on topics such as production in the Greater Bay Area, how to strengthen risk management and expand exports under the new development pattern of leading enterprises, rely on external credit services to prevent investment risks, and credit rating to help enterprises participate in the high-quality development of the bond market.

Gather the credit forces of the Greater Bay Area and discuss the credit construction of the Greater Bay Area.

Zhang Zheng, Professor of the School of Economics of Peking University and Director of the China Credit Research Center, and Gu Minkang, Justice of the Peace of Hong Kong and Associate Dean of the School of Applied Policy Research and Education Future of The Education University of Hong Kong, delivered keynote speeches on "Accelerating the Credit Economy in the Greater Bay Area and Building a Leading Place for Chinese-style Modernization" and "Practice and Prospect of Cross-border Credit Cooperation". Zhu Gang, General Manager of CICC Financial Certification Center, delivered a speech on the theme of "Building a Digital Trust System to Boost Financial Innovation in the Greater Bay Area". He proposed that the first is to build a trustworthy digital basic capability, focusing on digital identity, electronic signature, data storage, judicial evidence and other services;The second is to establish a multi-dimensional digital security protection mechanism and improve the data security governance systemThe third is to establish an electronic authorization mechanism for credit data inquiries. Qin Sichao, executive vice president of CSI Pengyuan Credit Rating Co., Ltd., analyzed "credit rating helps enterprises participate in the high-quality development of the bond market" from the perspective of credit rating, industrial bond market situation and regulatory policies. China Export & Credit Insurance Corporation Guangdong Branch focuses on the analysis of export credit insurance to promote enterprises to expand the "Belt and Road cooperation".

Establish a benchmark for credit-using enterprises and cultivate the awareness of credit-using enterprises in the Greater Bay Area.

As a leading international enterprise in South China, Luo Jian, deputy general manager of Guangdong Textile Import and Export Co., Ltd., shared practical experience from the perspective of establishing internal control systems such as comprehensive risk management system, risk management system construction, customer risk management, and business risk management, as well as how to improve the risk control system with the help of third-party credit companies. Chen Zhaonian, executive director of Pearl River Steel Pipe Group, said that integrity has brought win-win results to the company, and established a long-term win-win relationship with customers, so that the Pearl River Steel Pipe brand is well received and favored by global customers, and more and more large-scale customers have been harvested. In recent years, the company has successfully implemented more than 10 large-scale order projects through export credit insurance, with a total of nearly 500,000 tons of steel pipe products and a sales amount of 5$600 million.

Build a platform for the credit service industry to help enterprises develop in the Greater Bay Area.

The conference set up a credit industry docking gallery at the site, displayed and promoted the brands and products of credit service institutions in Guangdong, Hong Kong and Macao and credit innovation case institutions in the Yangtze River Delta, and arranged entrepreneurs in various industries to conduct "one-to-one" consultation and docking negotiations with credit investigation, credit rating, credit guarantee, professional credit, commercial debt collection and other institutions, and 12 industrial chain institutions such as Zhongying Shengda, CICC Finance, Zhirong Credit, Anhua Lida, Bafang Jincheng, Shang'anxin, and Fengsheng Credit appeared in the docking area.

The Guangdong-Hong Kong-Macao Credit Association has joined hands to establish a regular exchange and cooperation mechanism for the industry

In order to promote the development of the credit service industry in the Guangdong-Hong Kong-Macao Greater Bay Area, further give full play to the comprehensive advantages of the Guangdong-Hong Kong-Macao Credit Association, integrate the credit service resources of the three places, deepen cooperation and exchanges, and promote the development of the credit service industry in Guangdong, Hong Kong and Macao, the Guangdong-Hong Kong-Macao Credit Association signed the "Establishment of the Guangdong-Hong Kong-Macao Credit Association Joint Conference System" on the spot, and reached a consensus on promoting industry exchanges and industrial docking.

Related Pages