Zhong Guo Jin Rong Xin Xi Wang·2025-12-22 08:39Core Viewpoint - Hainan is positioned as a key experimental zone for reform and opening up in the new era, with financial services playing a crucial role in its development, as demonstrated by the achievements of the Bank of Communications Hainan Branch [1]. Group 1: Supporting the Real Economy - The Bank of Communications has implemented a special service plan for supporting Hainan's free trade port development for five consecutive years, translating it into tangible results [4]. - The bank has directed credit resources towards key areas of the real economy, including opening green approval channels for projects like Boao Airport and Sanya Phoenix Airport, ensuring construction progress [4]. - In the direct financing market, the bank plans to increase its investment in local bonds to 6.5 billion yuan in 2024 and has cumulatively underwritten credit bonds exceeding 3.4 billion yuan, providing stable funding for local development [4]. Group 2: Leading Cross-Border Financial Services - As one of the first banks to pilot multi-functional free trade accounts (EF accounts), the Bank of Communications Hainan Branch has achieved a business volume exceeding 46 billion yuan by the end of October 2025, leading among state-owned banks in the province [5]. - The bank has supported the Hainan provincial government in issuing offshore RMB local bonds in Hong Kong for four consecutive years and facilitated the first investment in local government bonds through EF accounts in September 2025 [5]. Group 3: Comprehensive Empowerment Across Industries - The bank focuses on key industries, providing "park guarantee loans" to small and micro enterprises in the Sanya Yazhou Bay Science and Technology City and supporting the cultural tourism industry by underwriting 1.4 billion yuan in medium-term notes for Hainan Tourism Investment Development Co., Ltd [6]. - The proportion of online inclusive loans has reached 75%, with the balance of inclusive loans for small and micro enterprises exceeding 8.8 billion yuan [6]. - The bank has innovated in public welfare finance, launching the first digital RMB tax refund business in the country and collaborating with local authorities to protect workers' wages through a payment supervision system [6]. Group 4: Global Collaboration for Future Development - The bank is enhancing its forward-looking layout to embrace a higher level of openness, deepening the application of EF accounts in offshore bond issuance and new types of offshore international trade settlements [7]. - It aims to strengthen domestic and international linkages to facilitate Hainan enterprises in cross-border mergers and acquisitions, overseas listings, and global financing [7]. - The bank plans to attract more foreign asset management institutions to Hainan and improve payment convenience for foreign individuals through expanded merchant coverage and optimized foreign currency exchange services [7].