Core Viewpoint - The People's Bank of China and several government departments have jointly issued guidelines to financially support the construction of the Western Land-Sea New Corridor, which is crucial for the Belt and Road Initiative, aiming to enhance financial cooperation and resource allocation between China and related countries [1][2]. Group 1: Financial Support and Policy Implementation - The issuance of the guidelines represents a significant step in promoting high-level opening-up in inland regions, including Chongqing, by providing robust financial support for the development of the Western Land-Sea New Corridor [2]. - The guidelines outline six main tasks, including improving financial organization collaboration, constructing a high-quality financial resource allocation system, and promoting institutional reforms to facilitate cross-border trade and investment [4][5]. - The guidelines emphasize the importance of regional collaborative development and institutional innovation to provide efficient settlement and financing services for enterprises [5]. Group 2: Achievements and Future Directions - The People's Bank of China has reported several achievements in supporting the corridor's construction, including the establishment of a financial service center and the development of over 30 innovative financial products, with financing balances exceeding 730 billion yuan [3]. - Future efforts will focus on creating more landmark financial achievements and enhancing the financial service ecosystem for the corridor [3]. Group 3: Capital Market Support - The China Securities Regulatory Commission is committed to strengthening multi-level capital market construction, supporting various financing channels such as stock issuance, corporate bonds, and asset-backed securities to aid the corridor's development [7]. - As of November, over 650 A-share listed companies are located along the corridor, with significant fundraising activities reported, including nearly 7 billion yuan from bond issuances [7]. Group 4: Cross-Border Financial Services - The guidelines propose measures to enhance cross-border trade settlement and investment facilitation, including encouraging enterprises to participate in high-level cross-border trade pilot programs and simplifying foreign investment processes [8][9]. - The establishment of a cross-border financial service platform is highlighted as a key initiative to support the corridor's high-quality development, with successful applications already reported in several provinces [9]. Group 5: Inter-Departmental Collaboration - The People's Bank of China plans to establish a collaborative mechanism among various departments and regions to ensure the effective implementation of the guidelines, focusing on policy sharing and financial service coordination [10][11]. - Emphasis is placed on enhancing cooperation between financial institutions and local governments to mobilize resources effectively and support key areas of development within the corridor [11].
中国人民银行举行新闻发布会:协同发力 赋能西部陆海新通道高质量发展
Jin Rong Shi Bao·2025-12-26 02:37