明天正式封关！央行：三项金融准备工作全部完成

Core Insights - Hainan Free Trade Port officially starts full island closure operations on December 18, marking a significant milestone in its development [1] Group 1: Financial Preparations - The People's Bank of China announced the completion of three key financial preparations for the closure: enhancement of cross-border capital flow management, launch of multifunctional free trade accounts, and improvement of monitoring and early warning mechanisms for cross-border capital flows [2] - The multifunctional free trade accounts (EF accounts) have been operational, with 11 banks in Hainan processing over 250 billion RMB in transactions by the end of October, involving fund transfers with 80 countries and regions [2] - By November 2025, the total loan balance in Hainan is projected to reach 1.41 trillion RMB, with various sectors such as technology, green loans, and the elderly care industry showing significant year-on-year growth [2] Group 2: Optimization of Financial Services - Financial services in Hainan are being optimized, with efficient service centers established at major airports to enhance international payment convenience [3] - Mobile payment products in Hainan have seen substantial growth, with transaction numbers and amounts increasing by 97.46% and 100.11% respectively in the first 11 months of the year [3] - Digital RMB is increasingly integrated into daily life in Hainan, with widespread usage in various sectors, including duty-free shopping and public transportation, positioning Hainan among the top regions in China for digital currency transactions [3]