As COVID-19 spreads around the world, foreign trade companies in China that rely heavily on exports are facing great challenges.

In order to cope with the impact of the epidemic, help trading companies return to work in a timely manner, the Webinar on SME International Trade and Financing organized by CEATEC was held on April 28, 2020.

Regarding the exchange rate risks faced by Chinese trading companies, Mr. Peng Xuan, product manager of the Financial Market Department of Bank of Ningbo Beijing Branch, conducted a detailed analysis and also shared case studies of SMEs in avoiding risks in the foreign exchange market.

Li Xiang, product manager of the International Business Department of Bank of Ningbo Beijing Branch, provides import and export trading companies with tailor-made solutions in terms of payment and foreign exchange settlement.

Representatives of relevant branches and member companies of CEATEC joined the webinar.

This training has a positive effect on helping companies get out of the impact of the epidemic and further expand their international business. In the future, CEATEC will also carry out targeted training for different industries to further provide better services for branches and member companies.