跨境贸易投资高水平开放试点业务持续扩面增效。截至9月末，海南辖内备案审慎合规银行14家，全省 累计发生经常项下试点业务金额423.11亿美元，惠及优质企业184家；资本项下试点业务金额28亿美 元，惠及企业100家。 国家外汇管理局海南省分局推动跨境贸易投资自由化便利化水平不断提升。2025年前三季度，海南省跨 境收支规模804.6亿美元，同比增长1.1%。结售汇总额179.8亿美元，同比增长10.4%；其中，结汇规模 46.3亿美元，同比增长22.5%，购汇规模133.5亿美元，同比增长2.4%。 货物贸易增长亮点频现。今年前三季度，全省货物贸易收支规模352.8亿美元。其中，全省免税品进口 付汇21.4亿美元，同比增长26.6%。 今年前三季度，全省服务贸易跨境收支规模50.4亿美元，同比增长8.1%。全省直接投资收支规模367.1 亿美元，同比增长4.2%，值得一提的是，全省来华直接投资66.6亿美元，同比增长28.5%。 会上还披露，在海南自贸港跨境资产管理试点业务方面，人民银行海南省分行已完成4家发行机构申请 的50亿元人民币试点规模核定。 10月24日，中国人民银行海南省分行召开前三季度海南金融运 ...

Group 1 - The "Implementation Rules for Cross-Border Asset Management Pilot Business" will officially take effect on August 21 [1] - Haima Automobile, a listed company, announced its participation in the cross-border asset management business through Hainan Bank, which is preparing application materials [1] - Major state-owned banks and some joint-stock banks in Hainan are also preparing to apply for the cross-border asset management pilot business, focusing on selling securities fund products [1] Group 2 - The cross-border asset management business involves pilot banks, issuing institutions, and sales institutions, with pilot banks providing account services for foreign investors [2] - The People's Bank of China and Hainan financial regulatory authorities will oversee the management and regulation of the pilot institutions [2] - This pilot program represents a unique financial opening policy for Hainan Free Trade Port, allowing foreign investors to access China's financial markets [2] Group 3 - The pilot program is expected to diversify investment channels for foreign investors and attract asset management institutions to Hainan [3] - The implementation rules highlight diverse investment subjects and a wide range of investment products, including public and private asset management products [3] - Foreign investors can open various types of accounts in Hainan to purchase pilot asset management products [3]

Core Viewpoint - The implementation of the "Cross-Border Asset Management Pilot Business Implementation Rules" by the People's Bank of China and other departments aims to enhance cross-border financial product offerings and attract both domestic and foreign asset management institutions to Hainan Free Trade Port [1][2][3]. Group 1: Pilot Business Implementation - The pilot business includes specific arrangements regarding the conditions for pilot institutions, reporting procedures, the scope of asset management products, and investor protection measures [1][2]. - The pilot is part of a broader financial opening policy unique to Hainan Free Trade Port, which was initiated following the release of the overall plan for the port's construction in June 2020 [2][3]. Group 2: Investment Product Scope - The pilot encompasses four categories of asset management products: wealth management products, private asset management products from securities and futures institutions, publicly offered securities investment funds, and insurance asset management products [3]. - This initiative is expected to expand the channels for foreign capital to invest in the domestic market, thereby promoting further opening of China's capital market [3]. Group 3: Investor Access - The pilot allows both foreign institutional and individual investors to participate, with a broader scope compared to previous capital market connectivity channels [3]. - Foreign individual investors must provide proof of residence, employment, or study in Hainan for at least one year, along with evidence of income from within China to invest in pilot asset management products [3]. Group 4: Financial Infrastructure and Internationalization - The launch of multi-functional free trade accounts and the establishment of cross-border capital operation centers are expected to facilitate the free flow of cross-border funds and support global capital allocation [4]. - The pilot is anticipated to enhance the internationalization of the Renminbi by providing new channels for offshore Renminbi to flow back into the domestic capital market [5].