自贸区金融改革

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从便利化迈向自由化,建行上海市分行积极推动FT账户创新发展
Zhong Guo Jin Rong Xin Xi Wang· 2025-04-30 07:36
Core Viewpoint - Shanghai has introduced two significant policies aimed at enhancing the development of the Free Trade Account (FT Account) and improving cross-border financial services, marking a new phase in financial reform within the Free Trade Zone [1] Group 1: FT Account Development - The FT Account was established in 2014 in the Shanghai Free Trade Zone to promote free trade and facilitate China's integration into global trade [2] - The FT Account features a unique accounting system, integration of domestic and foreign currencies, offshore pricing, and unified rules for domestic and foreign clients, leading to a revolutionary change in the financial sector [2] - China Construction Bank (CCB) Shanghai Branch has provided FT Account services to over 10,000 clients, with total loans amounting to nearly 600 billion yuan, 40% of which have been directed towards overseas clients [2] Group 2: Policy Implementation and Impact - The recent regulations are a systematic summary of over ten years of FT Account pilot experience, aimed at enhancing legislative levels and exploring institutional innovations [3] - The policies are designed to align with international high-standard economic and trade rules, improving the functionality of the FT Account system and optimizing account regulations [3] Group 3: CCB's Role and Initiatives - CCB Shanghai Branch has established the Shanghai Global Financial Service Center to enhance cross-border financial services for enterprises [4] - The bank has participated in significant projects, including financing for China's first domestically produced large cruise ship and international syndicate loans with Fortune 500 companies [4][5] - CCB is actively involved in multi-currency syndicate projects and has provided comprehensive financial support for Chinese enterprises expanding overseas [5] Group 4: Risk Management and Trade Facilitation - CCB Shanghai Branch is advancing enterprise exchange rate risk management by leveraging FT Zone policies and offshore pricing advantages [6] - The bank is optimizing international trade settlement services to meet the funding needs arising from tariff adjustments and supply chain changes [6] - The bank plans to enhance FT Account service capabilities by streamlining account opening processes and promoting FT online banking services [6]