封关金融准备工作全部完成 前11月海南跨境收支规模超1000亿美元

Core Insights - Hainan Free Trade Port has established itself as a leading region for financial openness and innovation in China since the release of the overall plan in 2020 [1] - The People's Bank of China has been actively improving financial policies and systems to support Hainan's financial development, with all preparations for the port's closure and operation completed [1] Group 1: Financial Policy and Innovation - Hainan aims for "free and convenient cross-border capital flow," implementing innovative financial policies such as the multi-functional EF account system [1] - From January to November 2025, Hainan's cross-border payment scale reached $101.61 billion, with an average annual growth rate of 55% since 2020 [1] - The cross-border RMB settlement volume for the same period was CNY 484.5 billion, reflecting a year-on-year increase of 7.8% [1] Group 2: EF Account Development - The EF account officially launched on May 6, 2024, with 11 banks in Hainan offering the service by the end of October 2025, facilitating transactions worth CNY 268.9 billion [2] - The EF account allows for convenient "cross-line" and "cross-border" fund transfers, enabling businesses to engage in capital transactions without the usual restrictions [2] - As of October 2025, over 650 EF accounts have been opened, facilitating fund transfers with 80 countries and regions, covering various business scenarios [3] Group 3: Economic Impact - By the end of 2024, Hainan's foreign-related income and expenditure scale reached $108.63 billion, 2.9 times that of the end of 2021 [3] - Nearly 10,000 enterprises engaged in foreign exchange income and expenditure by October 2025, reflecting a 1.4 times increase from the end of 2021 [3]