Core Insights - The report by the China Banking Association indicates that the trade finance business in China's banking sector is experiencing steady growth, supported by strong policy backing [1] Summary by Categories International Settlement - In 2024, the international settlement volume of the banking sector is projected to reach $12.75 trillion, marking a year-on-year increase of 10.35%, which is a historical high [1] Domestic Settlement - The domestic letter of credit settlement volume is expected to be ¥3.62 trillion, reflecting a year-on-year growth of 17.89%, also a record high [1] Trade Financing - The international trade financing volume is reported at $488.475 billion, showing a slight decline compared to the previous year, while domestic trade financing volume is projected to be ¥4.66 trillion, with a year-on-year increase of 16.35% [1] Factoring Business - The international factoring business volume is noted at $13.318 billion, experiencing a year-on-year decline for the first time in three years, whereas domestic factoring volume has surpassed ¥4 trillion, with a growth rate of 17.03%, remaining a key growth area for the banking sector [1] Future Outlook - The report emphasizes that the trade finance sector will continue to upgrade along the path of "industry deepening + technology empowerment," enhancing specialized service systems, strengthening risk prevention capabilities, and deepening international cooperation to support China's trade power construction and the establishment of a new open economic system [1]
报告显示:我国银行业贸易金融业务稳步增长
Xin Hua She·2025-10-04 03:37