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ICBC Chairman Liao Lin Meets EBF CEO Wim Mijs in Beijing

Industrial and Commercial Bank of China Chairman Liao Lin met Wim Mijs, chief executive of the European Banking Federation, on Oct. 12, 2026, ICBC said. The two sides discussed deepening China-Europe financial cooperation to support trade and investment flows, renminbi internationalization and the digital and intelligent transformation of banking. Senior officials from ICBC’s international and technology departments and its Brussels branch attended.

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AI take

The presence of ICBC's Brussels branch and technology staff at a meeting with the European Banking Federation's top executive signals that China-Europe financial dialogue is being framed around infrastructure rather than headline diplomacy. Renminbi internationalization and bank digitalization are long-horizon projects that depend on regulatory alignment between Beijing and Brussels, so the composition of the delegation matters more than the meeting itself. Whether this translates into concrete workstreams on cross-border settlement or technology standards is the open question.

Generated by AI for reference only.

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