Today, 32 years ago, on June 28, 1993 (March 9, 1993) Chinese banks returned to the European market. On June 28, 1993, the Deputy Governor of the Bank of China, Yang Huizhou, signed an agreement with the Bank of China to issue $200 million in European bonds in the London market. The bond term is 5 years, and this is the first time since 1988, that Chinese banks have returned to the European market to raise long-term funds. The Bank of China¡¯s debt subsidy group was made up of 32 leading international banks and securities companies, the world-famous Swiss Credit ¨C First Boston Securities Company and Huawei Bank as the chief issuer. According to the introduction: China¡¯s reform and opening has achieved remarkable achievements in recent years, as well as China¡¯s strong capital strength, sound business style and good