ICBC opens business center in U.S. city of Houston

Updated 2017-10-11 14:31:54 Xinhua

The Industrial and Commercial Bank of China (USA) on Tuesday opened a business center in this U.S. city, the first one of a Chinese bank in the southern United States.

The new branch will serve Houston, as well as other places across the southern United States, ICBC Senior Executive Vice President Hao Hu said at the opening ceremony.

"ICBC plans to further localize our service and increase cooperation with local financial institutions," said Hu, adding the bank aims to bring comprehensive, high-quality and professional financial services to both corporate and individual clients.

Houston Mayor Sylvester Turner said at the same event the ICBC serves to connect the Texas market with China and increase cooperation between Houston and Chinese financial institutions.

Chinese Consul General Li Qiangmin called for the Chinese and U.S. business communities to continue to play an active and positive role in bilateral relations.

"I hope China will work with the U.S. side to jointly promote greater progress in China-U.S. economic and trade relations and open up greater prospects for cooperation between the two countries," said Li.

ICBC has established institutions in 44 countries and regions. In the United States, it has opened offices in New York, San Francisco, Los Angeles and Seattle.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58March 20 2019 19:07:59

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16March 20 2019 19:07:59

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18March 20 2019 19:07:59

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

China World Business Sports Showbiz Audio
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
China World Fun Travel Entertainment Sports
Beijing Shanghai Guangzhou
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords