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UNITED Overseas Bank (UOB) is targeting double-digit growth in China over the next five years by tapping the country's rising trade volumes with South-east Asia.迷你倉UOB has reason for optimism - trade between China and nations in the region hit US$400 billion (S$500 billion) last year.That figure is set to grow. Last month, leaders from China and Asean committed themselves to increasing trade to US$1 trillion by 2020.The bank believes it is well-placed to ride this wave of growth, having set up an advisory unit in China this year to help companies there expand into the region.UOself storage China chief executive Eric Lian stressed yesterday that Chinese companies have played a central role in boosting Asean trade.He noted that they started out with the aim of securing natural resources, but the emphasis has changed."The focus has since shifted to catering to the region's rising middle class by offering goods and services or through building and infrastructure projects," said Mr Lian, speaking yesterday at the opening of UOB's new privilege banking centre in Shanghai.The centre will provide wealth management advice for high-net-worth individuals.feimok@sph.com.sg迷利倉