海南EF账户上线一年业务量突破1200亿元

Core Insights - The launch of the multi-functional EF account in Hainan Free Trade Port has led to significant growth in business volume, surpassing RMB 120 billion within a year [1][2] Group 1: EF Account Overview - The EF account was officially launched on May 6, 2024, and integrates both domestic and foreign currency account systems, allowing for multiple functions within a single account [1] - The EF account system includes domestic EFE accounts and overseas EFN accounts, enabling various cross-border financial operations under legal compliance [1] Group 2: Business Applications - The EF account is widely used for cross-border trade settlements, spot and forward foreign exchange settlements, working capital loans, overseas lending, overseas investment, and foreign investment [1] - The EF account has gained popularity among domestic and foreign enterprises, with a diverse range of account holders across various industries and regions [1] Group 3: Industry Distribution - EFE account holders span 40 industries, primarily concentrated in wholesale (especially trade enterprises), business services, and pharmaceutical manufacturing [2] - EFN accounts are involved in wholesale and retail, business services, energy development, biomedicine, and information technology sectors [2] - The registered locations of account-holding enterprises include China, Singapore, the British Virgin Islands, and 16 other countries and regions [2] Group 4: Impact on Financial Flow - The widespread application of the EF account has effectively enhanced the liberalization and convenience of cross-border capital flows in Hainan Free Trade Port [2]