The Chinese banking sector is poised to play a pivotal role in the nation’s economic growth and restructuring efforts, emphasizing a shift towards high-quality development. Miro Kolesar, vice president of the Bank of Nanjing, highlighted this strategic focus during an insightful interview with CGTN's He Jingyi at the Sibos 2024 Conference.
Kolesar emphasized that the banking industry’s evolution is integral to supporting sustainable economic initiatives and fostering innovation across various sectors. \"Our goal is to facilitate high-quality growth by enhancing financial services that support both traditional industries and emerging markets,\" he stated.
The Sibos 2024 Conference served as an ideal platform for industry leaders to discuss the future trajectory of global banking. Kolesar's remarks underscored the commitment of Chinese banks to adapt to changing economic landscapes, prioritize sustainable practices, and drive technological advancements that contribute to robust economic restructuring.
As China continues to navigate its path towards economic resilience, the proactive measures and strategic initiatives within the banking sector are expected to bolster the country’s position in the global economy, ensuring long-term stability and growth.
Reference(s):
Chinese banking sector promotes high-quality growth: Bank of Nanjing
cgtn.com
