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At the 19th Communist Party of China National Congress in October, Xi Jinping, general secretary of the CPC Central Committee, president, and chairman of Central Military Commission, outlined new moves to deepen reform in all areas.

At the China-Indonesia Business Summit

At the opening ceremony of the first China International Import Expo, President Xi Jinping announced new measures of further opening-up, which will be implementedexpeditiously. To develop a high-qualityopen economy, China will further reduce tariffs to increase import, steadily widen the opennessof the financial sector, speed up the opening of telecommunications, education, medical care and cultural sectors. China will also support its pilot free trade zones in deepening reform and innovation, and explore the development of free trade ports in light of China's conditions. Many transnational companies have decided or are planningon a new round of investment in China. Companies of Singapore and other countries are welcome to get a head-start in exploitingthe aboveopportunities.

At the end of June, BOC extended more than 150 billion yuan ( billion) in credit across the ASEAN region, up 22 percent year-on-year.

At the ongoing expo, the company is exhibiting a new technology solution－Schindler Ahead－which can connect all products to the internet, capture real-time data and use big data analysis and artificial intelligence to predict maintenance needs.