一财社论 | 跨境金融服务：相信“相信”的力量

Core Viewpoint - The article emphasizes the importance of high-quality capital project openings for enterprises seeking to expand globally, highlighting the shift from single-market strategies to multi-regional collaboration in response to market competition and external challenges [1] Group 1: Cross-Border Financial Services - The demand for cross-border financial services is expected to accelerate due to increasing international market competition and the restructuring of global trade patterns caused by tariff wars [2] - The "Action Plan" introduces 18 measures aimed at improving cross-border settlement efficiency, optimizing exchange rate hedging services, enhancing financing services, strengthening insurance protection, and refining comprehensive financial services [2] - Specific measures include supporting RMB cross-border trade refinancing through rediscount windows and promoting full-function corporate group cross-border cash pool services to reduce time and funding costs for enterprises [2] Group 2: Financial System Reform - The "Action Plan" is designed to optimize practical operations within the existing institutional framework, enhancing the sensitivity and adaptability of China's financial system to international economic and trade conditions [3] - The article discusses the need for proactive preparations by the People's Bank of China to address challenges posed by the U.S. in the international financial system, particularly in light of the ongoing tariff wars and the implications for the RMB [3][4] - Recommendations for reform include establishing an endogenous stability anchor for the RMB, improving the market-based RMB exchange rate formation mechanism, and accelerating the opening of the foreign exchange market [4] Group 3: Support for Enterprises - The article stresses the necessity of reducing costs and improving efficiency through the "Action Plan" to support enterprises in their global expansion efforts [5] - It highlights the importance of believing in the capabilities of enterprises to explore international markets, suggesting that confidence is essential for achieving remarkable outcomes [5]