Core Viewpoint - Xinjiang is leveraging its geographical advantages to enhance its role in the Belt and Road Initiative, significantly boosting its foreign trade and financial services to support the development of the Euro-Asian corridor [1][2][4]. Trade and Foreign Trade Development - Xinjiang's total foreign trade import and export value reached 356.31 billion yuan from January to August 2025, marking a 25.4% year-on-year increase, achieving three consecutive years of surpassing 300 billion yuan [1]. - The region has seen a substantial increase in the number of foreign trade enterprises, growing from a few to over 10,000, with cross-border receipts and payments exceeding 370 billion USD [2]. Financial Services and Policies - The People's Bank of China (PBOC) in Xinjiang has been actively improving financial service policies to support foreign trade, including the establishment of a comprehensive service window for foreign exchange [3][5]. - A series of foreign exchange management policies have been implemented to optimize the business environment for foreign-related enterprises, significantly simplifying processes and reducing transaction times [3][6]. Free Trade Zone Initiatives - The establishment of the Xinjiang Free Trade Zone on November 1, 2023, marks a significant development opportunity for the region, with various policies aimed at enhancing international trade and attracting foreign investment [4][5]. - Financial institutions in Xinjiang have introduced specialized support plans for the Free Trade Zone, focusing on infrastructure, technological innovation, and green development, with loans in the zone reaching 133.49 billion yuan by June 2025, a 7% increase [5]. Cross-Border Financial Innovations - The PBOC has introduced innovative policies to facilitate cross-border capital operations, including lowering the threshold for multinational companies to engage in cross-border fund concentration from 100 million USD to 50 million USD [7][8]. - The implementation of a "zero threshold + recommendation system" for cross-border RMB settlement has significantly reduced costs and improved efficiency for enterprises in the Free Trade Zone [6][7]. Export Growth and Confidence - The financial service enhancements have bolstered the confidence of foreign trade enterprises, with companies like Xinjiang Tianyun Organic Agriculture Co., Ltd. increasing their export share from 10% to an expected 20% of total output [8].