Core Insights - The State Administration of Foreign Exchange (SAFE) reported that in the first half of 2025, the scale of cross-border income and expenditure for non-bank sectors, including enterprises and individuals, reached a historical high for the same period [1] Group 1 - The foreign exchange market maintained stable operations, demonstrating strong resilience and vitality [1] - Cross-border trade and investment financing were active, contributing to the record levels of cross-border income and expenditure [1] - The foreign exchange market expectations remained stable, with the RMB exchange rate maintaining basic stability and continued net inflow of cross-border funds [1] Group 2 - The supply and demand in the foreign exchange market were generally balanced, and the scale of foreign exchange reserves remained stable [1]

活动还围绕企业跨境投融资、资本市场对接、风险防控等议题展开深度研讨。香港交易所代表为观 众解读了香港作为国际金融中心的独特优势，提出"港股上市是陕企实现国际化跃升的快车道"。建银国 际与建行亚洲分别就港股保荐、跨境金融服务等议题进行分享，为企业量身定制"从本土到海外"的金融 发展路径，为有意布局国际市场的企业打开新思路。 "接下来，我们将依托全球化布局，为陕西企业提供涵盖跨境金融、港股上市、海外投融资的一站 式服务，助力企业扬帆出海。"中国建设银行陕西省分行副行长李旸表示。（记者：孙丹） 5月22日，由陕西省人民政府与中国建设银行主办，陕西省委金融委员会办公室、陕西省商务厅、 建行陕西省分行等联合承办的2025年"丝路金融 合作共赢"金融专场交流对接活动在西安举办。作为第 九届丝绸之路国际博览会暨中国东西部合作与投资贸易洽谈会重要活动之一，本次活动吸引了日本、阿 联酋、马来西亚、新西兰等国家和地区的10余家海外金融机构以及百余家企业代表参加。 活动现场举行了陕西资本市场孵化指导合作签约和陕西拟赴港上市企业合作签约。建行陕西省分行 将联合建银国际、陕西省证券投资基金业协会、陕西股权交易中心、陕西资本市场服务中心 ...

Core Viewpoint - Guangzhou is promoting high-quality development in the pension finance sector through a set of measures aimed at expanding direct financing channels for pension industry enterprises [1][2]. Group 1: Demographics and Current Status - As of the end of 2024, Guangzhou's population aged 60 and above is 2.1292 million, indicating a transition into a moderately aging society [1]. - The basic pension insurance system in Guangzhou is maturing, with efforts underway to achieve "full coverage of the system" and "full coverage of individuals" [1]. - A total of 3,015 enterprises have established enterprise annuities, covering 510,000 employees [1]. Group 2: Key Measures for Pension Finance Development - The "Pension Finance Twelve Measures" outlines important tasks for the development of pension finance in Guangzhou, including support for financial institutions to provide comprehensive management services for basic pension insurance, enterprise annuities, occupational annuities, and personal pensions [1]. - There is an emphasis on enriching the supply of financial products for the third pillar of pension insurance (personal pensions) and promoting the development of financial products with pension attributes [1]. - Financial institutions are encouraged to establish dedicated pension finance departments or specialized institutions to support the development of the pension industry [1]. Group 3: Financing and Investment Opportunities - The measures support eligible pension industry enterprises to expand direct financing channels through methods such as listing, issuing bonds, and exploring the issuance of real estate investment trusts (REITs) in the pension sector [2]. - There is a focus on enhancing cross-border investment and financing facilitation, particularly in collaboration with Hong Kong and Macau to develop cross-border pension financial products and medical insurance products [2]. - Insurance companies are encouraged to invest steadily and participate in the development of home-based, community, and institutional elderly care services [2].