Core Viewpoint - The State Administration of Foreign Exchange (SAFE) has launched a new offshore international trade business background verification application scenario, initially piloted in several provinces, aimed at enhancing the authenticity verification of trade backgrounds for banks [1]. Group 1: New Application Scenario - The new application scenario integrates logistics data such as international cargo transportation, overseas port loading and unloading, and customs declaration, providing banks with enhanced capabilities for verifying logistics information and document endorsement [1]. - This initiative addresses the challenges of verifying the authenticity of new offshore international trade, marking an important exploration by SAFE [1]. Group 2: Pilot Implementation - The Bank of China Ningbo Branch successfully completed background verification for two foreign trade enterprises on the same day the pilot was launched, becoming one of the first financial institutions in Ningbo to utilize this new platform [1]. - Since the pilot began, the Bank of China Ningbo Branch has actively engaged in policy training and customer service to promote the new application features [1]. Group 3: Future Development - The Bank of China Ningbo Branch plans to continue leveraging its professional advantages and the innovative applications of the cross-border financial service platform to optimize service processes and expand the pilot program [2]. - The goal is to support the development of new offshore international trade businesses and contribute to high-quality regional economic development and open-up efforts [2].