Ensuring Stable and Smooth Global Industrial and Supply Chains Through Finance—WEL and ICBC Shanghai Branch Sign “I-GDMS" Cooperation Agreement
During the 8th China International Import Expo, the sub-forum "Ensuring Stable and Smooth Global Industrial and Supply Chains Through Finance", part of the Hongqiao International Economic Forum, was successfully held at the National Exhibition and Convention Center (Shanghai). The forum was hosted by the Ministry of Commerce and the Shanghai Municipal Government, and co-organized by the Industrial and Commercial Bank of China (ICBC) and the Belt and Road Inter-Bank Regular Cooperation Mechanism (BRBR). Wison Engineering was invited to this sub-forum and officially signed a "I-GDMS" Cooperation Agreement with ICBC Shanghai Branch, further deepening the strategic collaboration between the two parties in the field of cross-border finance.
At the sub-forum, speeches were delivered by leaders including Wu Wei, Member of the Standing Committee of the Shanghai Municipal Committee and Executive Vice Mayor of Shanghai; Wu Zhengping, Party Secretary and Deputy Director of the China International Import Expo Bureau; Liu Jun, Deputy Party Secretary and President of ICBC; and Jin Penghui, Director of the Shanghai Headquarters of the People's Bank of China and Director of the Shanghai Branch of the State Administration of Foreign Exchange.
During the sub-forum, eight institutions were invited to participate in the agreement exchange ceremony with ICBC, including two state-owned enterprises COFCO Tully Sugar and SAIC Finance, and five international institutions. Wison Engineering was the only private enterprise representative invited to the signing ceremony. Under the "I-GDMS" Cooperation Agreement, ICBC Shanghai Branch will leverage the self-developed "I-GDMS" global trade financial service system from the International Settlement Documentary Center of ICBC Head Office to provide Wison with leading comprehensive global financial solutions.
Wison Engineering and ICBC Shanghai Branch are strategic partners. Seizing the opportunity presented by this agreement, both parties will further deepen cooperation in key areas such as Belt and Road project construction, the export of domestically manufactured high-end equipment, and global supply chain finance, leveraging ICBC's global network and international settlement service capabilities.