A Liberian government delegation is in China on a four-day mission aimed at strengthening financial cooperation between the two countries, expanding trade facilitation mechanisms, and advancing plans for the establishment of a Chinese-run banking institution in Liberia.
The mission, which runs from January 13 to 16, 2026, includes high-level policy and technical meetings in Beijing and Haikou, in China’s Hainan Province. Discussions have centered on deepening bilateral financial ties, including the possible integration of the Chinese Renminbi (RMB) into Liberia’s banking system and Liberia’s potential access to China’s Cross-Border Interbank Payment System (CIPS) to support trade settlement and investment flows.
A major outcome of the visit is the signing of a Memorandum of Understanding (MoU) between Liberia’s National Investment Commission (NIC) and Hong Kong Chenhuang Industrial Co. Ltd.
Under the agreement, the NIC will collaborate with the company and relevant Liberian government institutions to facilitate the establishment of the proposed banking project, in accordance with Liberia’s legal and financial regulatory framework.
In addition to banking discussions, the delegation is scheduled to hold engagements with Hainan State Farms Investment Holdings Group Co., Ltd.
Talks are expected to explore opportunities for cooperation in agribusiness, value-added processing, and investment, with a focus on supporting Liberia’s agricultural modernization and export diversification agenda.
The Liberian delegation is led by Hon. Melvin Sheriff, Executive Director of the National Investment Commission. Other members include Mrs. Hermalinda Reeves, Special Envoy of the President and Trade and Investment Representative; Mr. Fonsia Mohammed Donzo, Director of Regulations and Supervision at the Central Bank of Liberia; Mr. Ignatius Boakai, Banking Specialist; and Mr. Moses S. Mooney, Chief of Protocol in the Office of the Vice President.
The delegation is being hosted by Mr. Cui LiFeng, President of Hong Kong Chenhuang Industrial Co. Ltd., along with members of his executive team.
Liberian officials say the mission reflects the government’s broader strategy to strengthen international financial partnerships, enhance trade facilitation, and attract investment to support economic growth and development.
