兴化农商银行举办跨境人民币培训

Core Viewpoint - The article highlights the challenges faced by cross-border trade in the current global economic environment, emphasizing the need for local enterprises to adapt and innovate in order to thrive amidst currency fluctuations and trade barriers [1][2]. Group 1: Challenges in Cross-Border Trade - Cross-border trade is experiencing unprecedented turbulence due to global economic recovery struggles and escalating geopolitical conflicts [1]. - Foreign trade enterprises are confronted with significant pressures from fluctuating exchange rates and rising trade protectionism [1]. Group 2: Initiatives by Xinghua Rural Commercial Bank - Xinghua Rural Commercial Bank organized a training event themed "Cross-Border Business, Local Currency Protection" to support local enterprises in navigating these challenges [1]. - The bank's vice president, Chen Yubin, outlined the bank's international business development and expressed commitment to assisting enterprises in formulating tailored strategies for stable growth in international markets [1][2]. Group 3: Training Content and Benefits - The training included a presentation by Song Chongbiao on the unique advantages of cross-border RMB business, such as reducing settlement costs and mitigating exchange rate risks [2]. - The session also featured insights from a representative of China Export & Credit Insurance Corporation, emphasizing the role of export credit insurance in safeguarding enterprises' revenue and enhancing risk management [2]. Group 4: Future Directions - Xinghua Rural Commercial Bank plans to deepen its focus on cross-border financial services by enhancing policy interpretation, optimizing product offerings, and strengthening cooperation with enterprises [2]. - The bank aims to innovate its cross-border financial service models to support local enterprises in their international endeavors and contribute to the sustainable development of the regional foreign trade economy [2].