Bank of China, as the oldest Bank in China and the first Chinese Bank to have a presence in South Africa, opened its Johannesburg Branch in early October 2000. Bank of China Johannesburg Branch (BOCJHB) is located in Sandton, Johannesburg, which is the financial hub of Africa. Since its establishment in 2000, the Branch has insisted on serving Africa-China economic and trade cooperation, being a bridge of bilateral markets, actively integrating into the local market, operating in compliance with laws and regulations, supporting local social welfare and economic development, and always seeking to be an important player in promoting economic development of Africa. BOCJHB is a fully licensed bank which provides comprehensive financial services. BOCJHB vigorously expanded the local mainstream market, continuously optimized the customer structure, forming a customer base dominated by local large-scale financial institutions, transportation, telecommunications, power and energy, wholesale and retail enterprises. The business scale of BOCJHB has now spread to 19 African countries and regions. It enjoys unique brand attractiveness among Chinese "going aboard" companies and local African companies with Chinese business background. The Bank has made positive contributions to economic and trade cooperation, while also strengthening economic ties between South Africa-China and Africa-China. Bank of China Johannesburg Branch will focus on the "SVIP" vision (Soundness, Value-added, Innovation and Promotion) in the next five years, actively exploring localization, modernization and future-orientated development models, and unwaveringly promote high-quality development.