Core Viewpoint - The launch of the "Micro Trade Loan" product by WeBank, in collaboration with various financial institutions, aims to provide efficient, convenient, and low-cost financing solutions for small and micro foreign trade enterprises, thereby supporting the stability of the foreign trade sector [1][2][3]. Group 1: Product Launch and Features - The "Micro Trade Loan" is a fully online, unsecured credit product specifically designed for small and micro foreign trade enterprises, leveraging WeBank's digital financial advantages and the policy support from the Export-Import Bank [1][2]. - The product integrates data from the China (Shenzhen) International Trade Single Window, enhancing the efficiency and accessibility of financing services for foreign trade enterprises [1][2][7]. Group 2: Challenges and Solutions - The financial institutions identified three main challenges in serving small and micro foreign trade enterprises: reaching enterprises quickly with policy bank funds, precise risk identification, and better integration of export credit insurance with financing services [2]. - The "Micro Trade Loan" product addresses these challenges by creating a digital solution that enhances financial service efficiency and risk pricing through data collaboration [2][4]. Group 3: Collaborative Efforts - WeBank, the Export-Import Bank, China Export Credit Insurance Corporation, and Southern Electronic Port have collaborated to create a comprehensive financial ecosystem that supports small and micro foreign trade enterprises [3][4]. - This collaboration aims to establish a virtuous cycle of "policy guidance - financial support - real economy development," providing a replicable model for supporting the real economy [3][4]. Group 4: Risk Management and Insurance - The Shenzhen Municipal Bureau of Commerce has developed a unified insurance policy for small and micro foreign trade enterprises, allowing those with export volumes below $8 million to apply for export credit insurance directly [6]. - The integration of the "Micro Trade Loan" with export credit insurance offers a customized financial solution that helps enterprises mitigate trade risks while ensuring access to financing [6][7].