Core Viewpoint - Financial opening is a significant driving force for the reform and development of China's financial industry, with specific measures being implemented by the People's Bank of China (PBOC) in Henan Province to facilitate higher-level trade and investment in RMB settlement [1][2]. Group 1: Expansion of Quality Enterprises - The PBOC in Henan has been continuously expanding the list of quality enterprises eligible for RMB settlement, increasing the number from 176 in 2021 to 473 in the first half of this year [1]. Group 2: Improvement of Business Efficiency - Banks are guided to enhance the efficiency of facilitating RMB settlement for quality enterprises, allowing for "instant" cross-border RMB settlements and significantly reducing operational costs for businesses. As of June, banks in the province have processed 29,000 transactions totaling 303.4 billion RMB for these enterprises [1]. Group 3: Policy Promotion and Education - The PBOC has organized banks to produce manuals on cross-border RMB policies and products, utilizing both online and offline channels to promote these facilitation measures, while also encouraging the cultivation of potential quality enterprises [2].
2.9万笔、3034亿！河南银行机构为优质企业便利化办理跨境人民币业务
Sou Hu Cai Jing·2025-07-17 13:41