Core Insights - The article highlights the significant progress and initiatives taken by the Bank of China Hainan Branch to support the development of the Hainan Free Trade Port through various financial services and innovations. Group 1: International Business Development - The Hainan Free Trade Port has established a cross-border capital flow management system, which is essential for high-level openness, supported by a multi-functional free trade account system and pilot policies [2] - The Bank of China Hainan Branch has launched the EF account, facilitating cross-border financial services, with 104 accounts opened and a business volume of approximately 15.7 billion RMB by the end of November [2] - The bank has seen a nearly 44% year-on-year increase in international settlement customers, with international settlement volume and cross-border RMB business volume growing by 89% and 158% respectively [3] Group 2: New Product and Service Innovations - The Bank of China Hainan Branch has been approved to conduct cross-border trade high-level opening pilot banking, enhancing its role in facilitating cross-border capital flow [3] - The bank has provided significant financial support to the Hainan Aerospace Chip Industry Group, issuing a total of 50 million RMB in loans to aid in production expansion [4] - The bank's high-tech industry loan balance reached 2.643 billion RMB, with an increase of 1.141 billion RMB this year [5] Group 3: Support for the Real Economy - The Hainan Zhongzheng Aquaculture Company has become a leading enterprise in agricultural industrialization, with significant production activities supported by the Bank of China Hainan Branch [6] - The bank has implemented a comprehensive financial service model for "Hainan Fresh Products" enterprises, providing tailored services to meet diverse financial needs [7] - The bank's technology enterprise loan balance reached 3.394 billion RMB, with a growth rate of 23.62%, and it has supported 24,100 small and micro enterprises in the past two years [7]
精准支持海南高水平对外开放