加快西部陆海新通道建设

Core Viewpoint - The People's Bank of China and other departments have jointly issued guidelines to enhance financial support for the construction of the Western Land-Sea New Corridor, proposing 21 key financial measures to promote high-quality development of the corridor [1][4]. Financial Support Measures - The guidelines emphasize the importance of financing and settlement functions to support the corridor's development [1]. - The corridor currently connects to 583 ports in 127 countries and regions, handling over 1,300 types of goods, indicating its expanding influence [2]. Highlights of the Guidelines - Regional Collaborative Development: The guidelines focus on the needs of 13 provinces and regions, addressing common financing and settlement needs while allowing for tailored financial services [3]. - Institutional Innovation: The guidelines promote innovative reforms to provide efficient financing and settlement services for enterprises venturing abroad, including pilot programs for integrated currency pools for multinational companies [3]. - Digital Empowerment: The guidelines propose integrating logistics and financial data to enhance financial service efficiency, including the establishment of a digital financial service platform [3]. - Open Leadership: The guidelines aim to enhance international cooperation in digital and green finance, supporting the use of central bank digital currencies in cross-border payments [3]. Positive Impacts on Corridor Development - The issuance of the guidelines reflects China's commitment to expanding openness and facilitating a smooth domestic and international circulation [4]. - The guidelines aim to enhance the precision and effectiveness of financial services for the corridor, focusing on infrastructure, logistics, and trade [4]. - They also promote high-level financial openness to support economic and trade development along the corridor, optimizing cross-border settlement systems [4]. Cross-Regional Financial Collaboration - The guidelines emphasize breaking down regional barriers by establishing integrated credit mechanisms and joint service networks among financial institutions [5]. Enhancing Financial Service Synergy - The guidelines encourage local initiatives to deepen financial services related to railway transport documentation, which is crucial for supporting trade development [7]. - The China Securities Regulatory Commission plans to enhance capital market reforms to better support the corridor's development through various financing tools [7]. Foreign Exchange Policy Environment - The guidelines integrate policies for cross-border settlement and financing reforms, aiming to create a more convenient, open, secure, and intelligent foreign exchange policy environment [8].