Core Insights - Zhejiang province is a major player in foreign trade, ranking among the top in China for import and export scale [1] - The People's Bank of China and the State Administration of Foreign Exchange in Zhejiang are enhancing policy support and financial services to ensure stable foreign trade operations in the province [1] Group 1: Financial Support Initiatives - Financial institutions are encouraged to utilize support policies to meet the financial service needs of foreign trade enterprises, focusing on exchange rate hedging, trade financing products, and cross-border RMB services [1] - A targeted financial service plan is being developed for each enterprise, with a push for banks to actively engage with key foreign trade enterprises [1] - As of the end of September, the loan balance for AEO (Authorized Economic Operator) enterprises in the province reached 185.4 billion yuan, with an increase of 19 billion yuan since the beginning of the year [1] Group 2: Cross-Border Trade Facilitation - The province is advancing high-level open pilot programs for cross-border trade, including more "specialized, refined, and innovative" small and medium-sized enterprises in the facilitation policy scope [2] - A total of 6,450 compliant and high-quality enterprises have been registered, with banks processing 2.51 million facilitation transactions amounting to 350.7 billion USD, saving over ten million hours in processing time [2] - Nine integrated currency pool enterprises have achieved cross-border receipts and payments totaling 5.1 billion USD [2]
中国人民银行浙江省分行:优化金融服务 稳步推进跨境贸易高水平开放试点
Zhong Guo Jing Ying Bao·2025-10-31 06:10