Si Chuan Ri Bao·2026-01-06 11:09Core Insights - The article highlights the launch of a significant pilot project in China that explores the financial innovation of international railway transport bills, marking a milestone in the integration of logistics and finance [1][2] Group 1: Financial Innovation in Railway Transport - The first international railway transport bill was used as a document for international letters of credit and control of goods, with settlements conducted in RMB, representing a pioneering effort in the sector [1] - The China Railway Chengdu Group and Bank of China have jointly designed the first set of rules and processes for the international letter of credit "one document system" based on international railway transport bills [1] Group 2: Impact on Trade and Logistics - This initiative aims to provide new trade settlement financing services for international railway transport customers, thereby reducing logistics costs and enhancing efficiency in cross-border transport channels [2] - The project is expected to alleviate financing difficulties for small and medium-sized enterprises and promote the development of international and domestic trade based on "railway+" multimodal transport [2]