Core Viewpoint - The Bank of China successfully held a cross-border RMB business promotion conference in Hefei, Anhui, emphasizing the importance of "local currency first" in facilitating enterprises' global expansion through cross-border RMB applications [1][2][3] Group 1: Conference Highlights - The conference released an initiative titled "Cross-border RMB to Assist Enterprises Going Global," outlining action measures across four dimensions: consensus building, application scenarios, service upgrades, and multi-party cooperation [1][2] - The aim is to guide financial institutions and foreign trade enterprises to strengthen the "local currency first" awareness and promote the deep application of cross-border RMB in goods trade, service trade, and direct investment [1][2] Group 2: Regional Significance - Anhui is highlighted as a significant growth pole in the Yangtze River Delta integration development, serving as a strategic intersection of the Yangtze Economic Belt and the Huaihe Ecological Economic Belt, showcasing notable geographical advantages [1][2] Group 3: Financial Services and Achievements - The Bank of China has been deeply engaged in the cross-border financial sector, enhancing financing efficiency and operational convenience for foreign trade enterprises through product innovation, technological empowerment, cross-border facilitation, and inclusive services [1][2] - A domestic leading automotive export company has seen its export volume grow over tenfold in the past five years, with the Bank of China providing tailored cross-border financial service packages, including the establishment of numerous overseas RMB accounts and the issuance of RMB loans amounting to tens of billions [1][2] - In 2025, the Bank of China's cross-border RMB settlement in Anhui is expected to exceed 100 billion, maintaining the leading position in business scale and market share among local peers, serving nearly 7,000 import and export enterprises with comprehensive cross-border financial services [3]