On this day, 44 years ago, on November 16, 1981 (October 20, 1981, the New York Branch of Bank of China opened. On November 16, 1981, Bank of China New York Branch opened. So far, Bank of China has established branches in New York, London, Hong Kong, Singapore, Luxembourg and other world trade and financial centers, which will play an important role in carrying out China's foreign economic activities and international financial business, especially in developing Sino-US trade.