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Lazaro Campos

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Although the current figure is small, the potential here is huge.

And we want to double that figure in the next three to five years.

As China's financial sector further opens up and its foreign trade witnesses exponential growth, the need for international financial transaction will naturally skyrocket. And we want to grasp this chance.

The opening-up (of the financial sector) will bring mounting pressure on the domestic banks, which will motivate them to improve their management.

In this area, SWIFT can also play a constructive role by introducing to Chinese banks the internationally-proven standard and global best practice.

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