视频丨海南自贸港今起全岛封关 多功能自由贸易账户架起“资金高速路”

Core Viewpoint - The Hainan Free Trade Port has officially launched its full island closure operation, with a focus on ensuring high-level free and convenient cross-border capital flow, which poses a significant challenge. The People's Bank of China has introduced a multi-functional free trade account to facilitate legal and efficient capital transfers between domestic and foreign accounts [1]. Group 1 - The multi-functional free trade account allows companies to handle cross-border capital settlement, foreign exchange, and investment financing in a streamlined manner, significantly improving the efficiency of capital flow [3]. - The financial director of Hainan Jinhai Pulp and Paper Co., Zhao Wenlong, highlighted that the account simplifies the process, allowing companies to transfer funds as easily as within domestic accounts, thus enhancing capital utilization efficiency [5]. - The offshore exchange rate advantage of the multi-functional free trade account has resulted in substantial financial savings for companies, exemplified by a recent $23 million settlement that saved significant costs [5]. Group 2 - The application scenarios for the multi-functional free trade account are rapidly expanding from basic settlements to complex financial services, supporting companies in their international market expansion [6]. - The deputy general manager of the Industrial and Commercial Bank of China Hainan Branch, Li Peng, noted that innovations in cross-border financing and currency swaps are being developed in conjunction with the free trade port policies, providing more benefits to enterprises [6]. - As of November 2025, 11 banks in Hainan are expected to have launched the multi-functional free trade account, with a business volume equivalent to RMB 295 billion and capital transfers involving 80 countries and regions [8].