On April 3, 2024, a delegation for exchange of movable financing development organized by the World Bank Group’s International Finance Corporation (IFC), visited the Credit Reference Center, PBC (CCRC). The delegation was composed of representatives from the central banks and relevant government departments of “Belt and Road” countries such as Azerbaijan, Tajikistan, Uzbekistan, and Georgia. Head of CCRC Chen Jianhua and Deputy Director Li Liansan met with senior official representatives from the delegation. Director Zhang Zihong hosted a Workshop on Movable Financing Development. Relevant personnel from the CCRC’s departments and its subsidiaries participated in the exchange.

Personnel from the CCRC introduced the experience of building and developing the Accounts Receivable Financing Service Platform and the Unified Registration System of Movable Security, and conducted an in-depth exchange on specific business with the delegation. Members of the delegation stated that this exchange holds positive reference value for promoting the development of movable financing in the “Belt and Road” countries, and for better supporting micro, small, and medium-sized enterprises (MSMEs) in obtaining financing. They expressed hope to strengthen international exchange and cooperation with CCRC in the field of movable financing services through various forms in the future.

Mr. Lai Jinchang, Principal Operations Officer for the Asia-Pacific Financial Institutions Group of the IFC, commended that this exchange showcased China’s experience in the construction and development of movable financing infrastructure, playing a positive role in the joint development and prosperity of the “Belt and Road” initiative.