---
title: Online Discussion for Chinese Financial Institutions in the U.S.
description: On January 29, 2021, China General Chamber of Commerce - USA (“CGCC”) held an online discussion for Chinese financial institutions operating in the U.S. Hong Zhang, Chairman of CGCC’s Financial Commit
---

[Past Events ](https://www.cgccusa.org/en/past-events)

# [Online Discussion for Chinese Financial Institutions in the U.S.](https://www.cgccusa.org/en/past-events/online-discussion-for-chinese-financial-institutions-in-the-u-s)

 Written by [CGCC](https://www.cgccusa.org/en/past-events/author/cgcc) | Feb 5, 2021 10:25:08 PM

On January 29, 2021, China General Chamber of  
 Commerce - USA (“CGCC”) held an online discussion for Chinese financial  
 institutions operating in the U.S. Hong Zhang, Chairman of CGCC’s Financial  
 Committee, Chief Representative of China Investment Corp New York  
 Representative Office, welcomed the attendants and hosted the meeting. Xiaomin  
 Chen, General Counsel of CGCC, Managing Partner of DeHeng Chen, LLC; and Jiang  
 Liu, member of the CGCC Legal Counsel Committee, Partner at Morrison &  
 Foerster, shared their insights and answered questions from CGCC members from  
 the financial industry.

During the forum, Xiaomin Chen and Jiang Liu  
 interpreted and analyzed the "Entity List", the "List of  
 Companies Owned or Controlled by the Chinese Military", the "Hong  
 Kong Autonomy Act", and the "Accountability Act for Foreign  
 Companies". They also answered questions from the audience on topics such  
 as the “Measures for Blocking Improper Extraterritorial Application of Foreign  
 Laws and Measures” issued by the Chinese Ministry of Commerce; and the New York  
 Stock Exchange’s decision to delist China’s big telecom carriers. During the  
 discussion, the lawyers reminded the audience that although President Trump  
 issued a number of executive orders affecting Chinese companies in the last few  
 months of his term, the specific effects of these orders on the operational  
 level have yet to be addressed.

At the forum, representatives from Chinese  
 financial institutions also shared their views on relevant topics.  
 Representatives included Chen Xu, Chairman of CGCC, President & CEO of Bank  
 of China USA; Yuqiang Xiao, Vice Chairman of CGCC, Chairman of US Management  
 Committee of ICBC, General Manager of ICBC New York Branch; Lanlan Zhang, CGCC  
 Vice Chairman and Vice Chairman of CICC US Securities, Inc.; and Lian Duan,  
 Deputy Head of Legal and Compliance from China Merchants Bank.

At the end of the event, Mingzhi Liu, Chief  
 Representative of the Representative Office for the Americas at the People's  
 Bank of China, shared his reflections on this discussion.

CGCC sincerely thanks the above speakers and  
 CGCC members for their support in making the event a success.

[Click here to view the PPT ](https://www.cgccusa.org/wp-content/uploads/2021/02/PPT-%E5%9C%A8%E7%BE%8E%E4%B8%AD%E8%B5%84%E9%87%91%E8%9E%8D%E6%9C%BA%E6%9E%84%E7%BD%91%E7%BB%9C%E5%BA%A7%E8%B0%88%E4%BC%9A.pdf?hsLang=en)

The information provided in the PowerPoint does not, and is not intended to, constitute legal advice

[View full post](https://www.cgccusa.org/en/past-events/online-discussion-for-chinese-financial-institutions-in-the-u-s)

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