Bank of China opening Brussels branch

BRUSSELS - Bank of China, the largest foreign currency business bank in China, will officially open a new branch next week in Brussels to meet the momentum of brisk Sino-European economic and trade cooperation.

Amid the unfolding European debt crisis, the branch located in the heart of the Belgian capital has already been in operation after a year of preparation.

She Bing, general manager of the branch, said the bank will mainly offer financial services for enterprises dealing with bilateral trade and investment, representative offices of Chinese organizations, and Chinese citizens abroad.