Mr. Guo You, Chairman of the board of supervisor of CCB met with Mr. ArifAmiri, Deputy CEO of Dubai International Financial Centre Authority (DIFCA) and DIFCA senior management delegation in CCB head office on May 11, 2015. During the meeting, Mr. Guo you introduced latest business operation and advantages of CCB, shared opinions on economic development and prospects of China and Dubai, conversion project of CCB Dubai from subsidiary to branch. General Managers from International department and CCB Dubai attended the meeting.

Mr. Guo welcomed Mr. Amiri and DIFCA senior management delegation to visit CCB. He introduced the update of CCB’s performance. He said CCB is at the forefront of electronic banking and other innovative businesses. When it comes to the large-scale project Financing and real estate lending business, CCB also maintain the traditional leading position. And He hoped this advantage would also have a full play in oversea markets.

Mr. Guo also said CCB Dubai has been established for two years with a positive business development. In order to provide better financial service to the infrastructure of the local and regional market as well, CCB Dubai is under process to apply for branch license. Mr. Amiri said DIFC has maintained a good momentum development since last year, and the significant needs for the infrastructure of Dubai and surrounding region will bring great opportunities for CCB’s business development. DIFC Authority will provide full assistance to CCB Dubai’s branch conversation project as well as related business.

The two parties also shared opinions on the influence of Dubai and regional market resulted from the oil price drop.