金融有力支持新疆高质量发展——访中国人民银行新疆维吾尔自治区分行党委书记、行长王兵

Core Viewpoint - The financial system in Xinjiang has significantly evolved over the past 70 years, particularly in supporting high-quality economic and social development through improved financial services and products [1] Group 1: Financial Support for Poverty Alleviation and Rural Development - During the poverty alleviation campaign, a command center was established to integrate resources from over 800 financial institutions, focusing on industrial poverty alleviation and increasing credit investment in key industries [2] - As of June 2023, the agricultural loan balance in Xinjiang reached 1.28 trillion yuan, accounting for over one-third of total loans [2] Group 2: Financial Initiatives in Southern Xinjiang - Southern Xinjiang is recognized as a strategic area for development, with financial support leading to a 14.8% year-on-year increase in loan balances, surpassing the average growth rate in the region [3] - Financial institutions have developed specialized loan products to support local agricultural industries, enhancing farmers' income and contributing to rural revitalization [4] Group 3: Financial Contributions to the Belt and Road Initiative - Xinjiang's unique geographical position facilitates cross-border trade, with 27 banks qualified for foreign exchange services, expanding the range of currencies to 20 [5] - Since the implementation of cross-border financing management, a total of 641 billion yuan has been achieved in cross-border financing [5] Group 4: Development of Free Trade Zone - The establishment of Xinjiang's Free Trade Zone marks a significant milestone, with a loan balance of 133.49 billion yuan as of June 2023, reflecting a 7% year-on-year growth [6] - Innovative financial services and products have been introduced within the Free Trade Zone to enhance trade and investment facilitation [6] Group 5: Green Finance Initiatives - Xinjiang has established 61 banking green specialized institutions and 10 non-banking green specialized institutions, with green loan balances reaching 633.77 billion yuan [7] - Innovative financial tools for carbon reduction and low-carbon transformation have been developed, including various types of loans linked to carbon emissions [8] Group 6: Future Financial Strategies - The financial sector aims to continue supporting the real economy, focusing on credit growth and enhancing the implementation of financial policies to ensure effective outcomes [9] - Plans include expanding the use of the renminbi in cross-border transactions and promoting financial innovations that can be replicated and promoted [9]