Core Viewpoint - The 2025 China International Fair for Trade in Services (CIFTIS) showcases the robust development of China's service trade and serves as a significant platform for the "Beijing Service" brand, with Bank of China Beijing Branch demonstrating its financial innovation and commitment to global financial services [1] Group 1: Financial Innovation and Services - Bank of China Beijing Branch has been the exclusive global partner of the banking industry for five consecutive years at CIFTIS, showcasing various financial service cases that highlight its role in supporting the construction of a strong financial nation and high-quality development in the capital [3] - The branch introduced the "CUBe Card," a first-of-its-kind card that integrates digital RMB payments, mobile communication, and municipal transportation functions into a single SIM card, facilitating a seamless experience for foreign travelers [3] - The branch has been the exclusive agent for Beijing's departure tax refund services for ten years, innovating a "one point connects the whole city" model for immediate refunds, enhancing the shopping and tax refund experience for international visitors [3] Group 2: Digital Currency and Payment Solutions - The branch has actively promoted the application of digital RMB, launching over ten commemorative hard wallet products since the pilot in 2020, and introduced a new version featuring elements of traditional Chinese culture during CIFTIS [4] - Self-service machines for hard wallets were showcased, allowing for easy application, recharge, and recycling, further enhancing service convenience [4] Group 3: Cross-Border Financial Innovation - The branch is involved in the "Two Zones" construction in Beijing, utilizing cross-border financial innovations to assist enterprises in expanding internationally and attracting foreign investment, thereby broadening the global reach of "Beijing Service" [5] - A groundbreaking project for interoperable digital trade payments was successfully launched in April, reducing document circulation costs by approximately 30% and significantly improving trade efficiency [5] Group 4: Trade Facilitation and Public Service Platforms - The establishment of the "Jingmao Xing" platform, a new international trade public service platform in the Beijing-Tianjin-Hebei region, has reduced the review cycle for offshore trade from about one month to 3-7 days, greatly enhancing trade convenience [6] Group 5: Support for Modern Industry and Financial Services - Bank of China Beijing Branch is committed to injecting financial resources into the modernization of the industrial system in Beijing, focusing on technology finance and inclusive finance to strengthen the industrial foundation of "Beijing Service" [7] - The branch has supported over 5,000 technology enterprises with credit support amounting to nearly 90 billion yuan, showcasing its commitment to fostering innovation [7] - Inclusive finance initiatives include specialized products like "High-tech Loan" and "Science and Technology Star Fire Loan," aimed at meeting the needs of small and micro enterprises and enhancing their risk resilience [7]
金融赋能“北京服务”中行北京分行亮相2025年服贸会