Hannover – Langenhagen,
28th of January 2016

GERMAN LIBERALISATION OF INTEREST RATES AS BEST PRACTICE FOR CHINA

SUCCESFUL TRANSFER OF KNOWLEDGE AND EXPERIENCE FOR THE CHINESE BANKING INDUSTRY IN YUNNAN

HANNOVER. Distinguished visitors from the Chinese banking industry in Yunnan were found on 28th of January 2016 at the branch of the Deutsche Bundesbank in Hanover. 20 branch directors, senior managers and the deputy president of Fudian Bank received an informative and experience-rich overview of the German interest rate liberalization from the 60s and its consequences up to the present. The transfer of knowledge supports the current reform efforts of the banking industry in China. The German Bundesbank was as a professional sparring partner available for questions. From their experience they stressed the need for individual solutions to the strategic development of the national banking system. The continuation of the dialogue was welcomed by both sides.

The events were concluded by a culinary trip into the present and the history of a local, internationally represented biscuit producer from Hannover. YANG Ming, head of the delegation from Yunnan stressed: „Hannover has a lot to offer for the mind and appetite.“

The organization of the information-visit was again held by Dr. K&K ChinaConsulting– a consulting company with a focus on China. To Managing Director Dr. Diana Kisro-Warnecke one aspect is always primarily important: „Next to consulting projects for companies, the automotive industry, IT, logistics and education, it is especially the assignment to facilitate mutual economic relations and intensify market success that is important. We also like to strengthen our home region Lower Saxony by establishing international contacts and China competencies by offering training courses. Our location is very international; We value this and encourage further expansion.“