Sou Hu Cai Jing·2026-01-07 04:04Core Viewpoint - The article emphasizes the importance of "stabilizing foreign trade and foreign investment" as a crucial support for economic stability, highlighting Zhejiang Commercial Bank's proactive approach in aligning with national strategies to enhance international circulation and promote trade innovation [1][4]. Group 1: Cross-Border Financial Services - Zhejiang Commercial Bank has introduced five innovative cross-border financial services, including global accounts and settlement, integrated liquidity financing, one-stop investment and financing services, immersive foreign exchange trading, and scenario-based foreign trade services, to support foreign trade enterprises in international markets [1][8]. - During the 14th Five-Year Plan period, the bank provided over $17,000 billion in cross-border settlement services and over $7,000 billion in exchange rate hedging services, along with a cross-border financing balance exceeding 150 billion yuan [3]. Group 2: Addressing Challenges for SMEs - A survey indicated that small and medium-sized foreign trade enterprises are increasingly seeking efficient and low-cost payment settlement processes due to frequent export trade transactions, particularly in new foreign trade models involving numerous small transactions [3]. - The bank has responded to the needs of enterprises expanding into emerging markets like ASEAN, the Middle East, and Africa by launching innovative services such as global collection and cross-border easy collection, which enhance collection efficiency and reduce costs [3][5]. Group 3: Cross-Border Asset Pool Innovation - Zhejiang Commercial Bank has developed a "cross-border asset pool" to facilitate efficient credit connection between domestic and overseas subsidiaries, addressing the financing challenges faced by companies like YN Technology, which has expanded internationally but struggled with local financing due to insufficient asset and credit history [5][6]. - The bank provided 38 million yuan in funding support to YN Technology's overseas subsidiary through this innovative service, demonstrating the effectiveness of the cross-border asset pool in enhancing business processing efficiency [6][7]. Group 4: Comprehensive Support for Global Operations - The bank's comprehensive cross-border financial service capabilities are designed to meet the full chain of foreign trade enterprise needs, offering a one-stop, immersive support system that includes specialized products for settlement and financing [8]. - The services are interconnected, forming a financial backbone that supports enterprises in their global operations, with a focus on customer-centric approaches and alignment with national strategies for international trade development [8].