更多外汇纾困政策投向小微

Core Points - The People's Bank of China and the State Administration of Foreign Exchange issued a notice to enhance financial services for epidemic prevention and economic development, focusing on foreign trade and foreign investment support [1][2] Group 1: Foreign Trade Support Measures - The notice expands the facilitation policy for quality enterprises nationwide, aiming to include more small and medium-sized foreign trade enterprises, enabling "instant application and minute processing" for foreign exchange settlements [1] - The policy highlights support for small and medium-sized enterprises (SMEs) and aims to reduce settlement costs while promoting export growth through diversified settlement channels [1][2] Group 2: Cross-Border Financing Facilitation - The notice supports qualified high-tech and "specialized, refined, distinctive, and innovative" SMEs in conducting external debt facilitation quota pilot programs and allows multiple external debts to share one account [2] - It also facilitates online registration for external debts and aims to lower financing costs for foreign trade enterprises, enabling them to leverage both domestic and international markets [2] Group 3: Exchange Rate Risk Management - The notice emphasizes the importance of exchange rate risk management services for enterprises, particularly for SMEs that may lack expertise in this area [2][3] - It encourages banks to collaborate with government and enterprises to reduce costs associated with derivative transactions, benefiting over 13,000 SMEs through reduced transaction fees [3] Group 4: Export Credit Insurance - The notice aims to enhance the role of export credit insurance in providing financial services to SMEs, improving claims efficiency [3][4] - A pilot program for "export credit insurance policy financing" has been launched in several regions, facilitating better data sharing and risk management between banks and enterprises [4]