Core Viewpoint - The article emphasizes the role of Suzhou as a key player in China's foreign trade and the proactive measures taken by the Bank of China Suzhou Branch to support foreign trade stability and quality improvement through innovative financial services and products [1][2]. Financial Support Initiatives - The Bank of China Suzhou Branch has established a "Stabilizing Foreign Trade" task force and developed a comprehensive action plan with 15 specific measures to enhance financial support for foreign trade [2]. - From January to April, the bank has provided over 58 billion yuan in various financing to local import and export enterprises, including specialized products like "Zhongyin Foreign Trade Loan" and "Zhongyin Cross-border E-commerce Loan" to address financing challenges for small and micro enterprises [2][3]. Financial Service Quality Enhancement - The bank has set up multiple "Exchange Rate Risk Neutral Demonstration Outlets" to offer customized hedging products and services for foreign trade enterprises [3]. - In the first four months of the year, the bank processed over 77,000 cross-border online transactions amounting to more than 8.4 billion USD, significantly improving the financial service experience for foreign trade companies [3]. Support for International Expansion - The bank has facilitated the issuance of foreign-related guarantees, totaling over 2 billion yuan, to support local enterprises in expanding into international markets [4]. - The bank has also processed nearly 54,000 international settlement transactions for Belt and Road countries, amounting to over 6.3 billion USD from January to April [4]. Cross-border Financial Management - The bank has been a leader in cross-border cash management services, providing customized solutions for multinational companies to optimize their cash flow and reduce financial costs [5][6]. - The bank offers 24/7 comprehensive cash management services across multiple time zones, currencies, and languages, enhancing global fund visibility and control for clients [6]. Promotion of Cross-border Trade Facilitation - The bank has implemented a "local currency first" principle to encourage enterprises to use RMB for cross-border transactions, successfully facilitating 700 million yuan in cross-border RMB investment for a local enterprise [7]. - As a pilot bank for high-level cross-border trade investment policies, the bank has served over 500 high-quality enterprises, leading the region in this initiative [8].
金融助企，写好“新出海记”