Xin Hua Cai Jing·2026-01-23 12:19Core Viewpoint - The launch of the China Construction Bank's (CCB) free trade zone (FTZ) RMB structured deposit product marks a significant step in meeting the offshore enterprises' RMB fund management needs, filling a market gap for structured deposit products under the FTZ [1][2] Group 1: Product Launch and Features - The CCB's FTZ RMB structured deposit product was officially launched on January 23, with two offshore enterprises successfully utilizing the product on its first day [1] - This product is a funds management tool that innovatively links to financial indicators such as exchange rates and interest rates, providing clients with the potential for enhanced returns while ensuring principal protection and a minimum guaranteed return [2] - The product supports customized linkage to various financial benchmarks, maintaining a conservative nature while offering flexible options for enterprises with strict capital preservation requirements [2] Group 2: Market Context and Demand - The demand for structured deposit products in the FTZ has been growing due to the increasing number of enterprises engaging in cross-border business as Shanghai develops into an international financial center [1] - The existing scarcity of deposit products in the FTZ has led to low fund retention rates and insufficient yields for cross-border enterprises, highlighting a significant market pain point [1] - CCB has conducted in-depth research on enterprise needs and adapted its domestic structured deposit experience to create a tailored version for offshore enterprises [1] Group 3: Future Plans and Strategic Goals - CCB's Shanghai branch is committed to enhancing financial services in the FTZ, aligning with national policies aimed at improving cross-border financial service convenience [2] - The bank plans to continue expanding its FTZ product offerings, focusing on customized, professional, and comprehensive service upgrades to support efficient cross-border fund management [2] - CCB aims to contribute to the high-quality development of the FTZ and the construction of Shanghai as an international financial center through innovative financial solutions [2]