Group 1 - The People's Bank of China Shanghai Headquarters has officially released the "Implementation Measures for the Upgrade of Free Trade Account Functions in the Shanghai Free Trade Pilot Zone" to enhance the level of cross-border trade and investment liberalization and facilitation [1] - The measures are a significant initiative to optimize and upgrade the functions of free trade accounts, supporting the construction of Shanghai as an international financial and trade center [1] - The Bank of China Shanghai Branch has actively promoted the new policy, facilitating multiple businesses for five companies, including Syngenta Group and Jaguar Land Rover, across various industries such as agriculture, semiconductors, petrochemicals, automotive, and commodities [1] Group 2 - The Bank of China Shanghai Branch is the first bank to pass the acceptance of the accounting unit and continues to innovate in financial services under the free trade account framework [2] - The bank aims to enhance its financial services for both inbound and outbound activities, leveraging its global and comprehensive advantages [2] - The bank will continue to participate deeply in the institutional opening-up exploration of the Shanghai Free Trade Zone, using financial power to promote the establishment of high-standard economic and trade rules [2]
中行上海市分行率先落地自由贸易账户功能升级首批业务