《报告》：中国离岸金融从“规模扩张”迈向“结构优化”

Core Insights - The "China Offshore Financial Index Report (2024-2025)" indicates a slight increase of 0.31% in the offshore financial index for China, reaching 106.16 points, marking a new phase of stabilization and recovery after experiencing "double V-shaped" fluctuations [1] - The report highlights a significant structural transformation in China's offshore finance, characterized by a "four increases and one decrease" pattern, including a 3.04% growth in offshore bond issuance, a 1.28% rise in offshore trade settlement volume, and a 14% year-on-year increase in cross-border RMB transactions, surpassing 35 trillion yuan [1] - The comprehensive tax rate in free trade pilot zones has decreased to 8.63%, while the proportion of traditional offshore lending and deposit business is gradually shrinking, indicating a shift from extensive growth to qualitative development in offshore finance [1] Recommendations - The report suggests the need for continuous promotion of synergy between onshore and offshore markets, leveraging reform and innovation to address development challenges and enhance China's voice and influence in the international financial system [2]