Zhong Guo Ji Jin Bao·2025-11-25 03:44Core Insights - The event "Cross-Border New Ecology: Empowering Industry and Finance" held during the 19th Shenzhen International Financial Expo highlighted the establishment of the CITIC Bank Cross-Border Financial Center, aiming to enhance cross-border financial innovation and support high-quality development of the real economy [1][3][7] Group 1: Cross-Border Financial Center - The CITIC Bank Shenzhen Branch has established a cross-border financial center to provide integrated services for enterprises looking to expand internationally and attract foreign investment [4][5] - The center aims to offer a comprehensive range of services including cross-border settlement, financing, wealth management, and asset custody, facilitating a "one-stop, full-scenario, full-cycle" financial service for various market entities [5][6] Group 2: Policy and Market Context - Shenzhen is positioned as a key hub in the Guangdong-Hong Kong-Macao Greater Bay Area, benefiting from significant policy advantages and a high level of openness in cross-border trade and investment, with an annual import and export volume exceeding 3 trillion yuan [3][5] - The APEC cooperation framework is accelerating the construction of the Asia-Pacific Free Trade Area, with Shenzhen set to become a pivotal city in this initiative, leveraging its unique geographical and industrial advantages [3][6] Group 3: Financial Services and Support - CITIC Bank has provided over 10 billion yuan in cross-border RMB loans to support enterprises going abroad, alleviating financial pressures on overseas operations [5][6] - The bank's international business department emphasizes the integration of domestic and foreign currency services, enhancing the financial support for enterprises' global value chain layout [3][4]