智通财经APP获悉，中国人民银行于2025年12月25日举行新闻发布会。中国人民银行党委委员、副行长 陆磊表示，下一步，中国人民银行将会同相关部门推动《意见》各项举措落地落实，扎实做好提升陆海 新通道金融服务工作，全面提升陆海新通道金融服务能级，助力形成"陆海内外联动，东西双向互济"的 对外开放新格局。 重庆市委副书记、市政府常务副市长陈新武介绍，目前，西部陆海新通道通达127个国家和地区的583个 港口，运输货物的品类超过1300种，朋友圈越来越广、影响力也越来越大。这一次，中国人民银行牵头 国家八部委联合出台了国家层面首个支持西部陆海新通道建设的金融专项政策文件，既是贯彻落实党的 二十届历次全会精神、扎实推进西部陆海新通道建设的具体行动，也必将为包括重庆在内的内地地区高 水平对外开放提供有力的金融支撑。 文字实录如下： 中国人民银行办公厅副主任、新闻发言人 李克歆 各位媒体朋友，大家下午好，欢迎参加中国人民银行新闻发布会。昨天下午，中国人民银行、国家发展 改革委、财政部、交通运输部、商务部、金融监管总局、中国证监会、国家外汇局联合印发了《关于金 融支持加快西部陆海新通道建设的意见》，全文已在网站公布。今天 ...

12月25日，中国人民银行举行新闻发布会，介绍金融支持加快西部陆海新通道建设有关情况。 此前，央行、金融监管总局、证监会等八部门联合印发《关于金融支持加快西部陆海新通道建设的意 见》(下称《意见》)，从完善金融组织协作体系、构建高质量资金融通体系、推进制度性改革创新、完 善金融开放合作体系、深化跨省跨境金融监管协作等方面提出21条重点举措，推动发挥好"融资"和"结 算"两项金融核心功能，支持西部陆海新通道高质量发展。 中国人民银行研究局局长王信在表示，《意见》在风险可控的前提下，通过制度性改革创新，为通道企 业"走出去"提供更高效便捷的结算和投融资服务。 例如，支持在有条件的地区开展跨国公司本外币一体化资金池业务试点，帮助跨国企业更高效地调配和 管理境内外资金，降低财务运营成本。深入推进更高水平贸易投资人民币结算便利化试点，支持外经贸 企业人民币结算，节约汇兑成本。 在谈到资本市场支持加快西部陆海新通道建设时，证监会债券司副司长黄建山表示，积极支持符合条件 的西部陆海新通道沿线省区市企业首发上市（IPO）、再融资和并购重组。今年前11个月，沪深北证券 交易所共支持4家通道沿线企业IPO，募集资金近70亿元；支 ...

Group 1 - The eighth Hongqiao International Economic Forum held multiple sub-forums focusing on financial support for global trade, supply chain stability, and cross-border trade development, highlighting the importance of financial cooperation in international markets [1][2][3] - China Bank and the Hong Kong Trade Development Council signed a strategic cooperation memorandum to assist enterprises in expanding into international markets [1] - The launch of the "Digital Trade" ecological alliance by the Bank of Communications aims to enhance cross-border trade quality [2] Group 2 - The Shanghai Futures Exchange revised its guidelines for using government bonds as margin, facilitating futures companies in managing collateral [7] - Shanghai banks are innovating in financial services, such as the launch of the "Xinyu" cross-border products by Shanghai Rural Commercial Bank to support enterprises in global markets [11] - The signing of a strategic cooperation framework agreement between Shanghai United Assets and Macau Financial Assets Exchange aims to enhance cross-border asset trading and technological collaboration [9] Group 3 - The China Export-Import Bank introduced a tailored financial service plan for the eighth China International Import Expo, focusing on providing efficient cross-border financial services [14] - The Shanghai Financial Regulatory Bureau reported a total asset balance of 28.59 trillion yuan in the banking sector as of September 2025, reflecting a year-on-year growth of 6.25% [30] - The Shanghai Stock Exchange successfully recorded the first cross-border share pledge registration, enhancing the efficiency of cross-border transactions [20]

Core Viewpoint - The global economic and trade landscape is undergoing profound changes, with finance playing an increasingly vital role in promoting trade and investment liberalization and deepening international economic cooperation [1][3]. Group 1: Financial Cooperation and Development - The Ministry of Commerce emphasizes the need for innovative thinking, inclusive consensus, and constructive actions to address the opportunities and challenges in global economic and financial cooperation [1]. - The Shanghai Municipal Government aims to enhance cross-border financial services and position Shanghai as a hub for global capital, leveraging the Free Trade Zone and the Lingang New Area [3]. - The Bank of China plans to strengthen its leading position in cross-border RMB settlement and expand its use in various sectors, supporting trade and investment liberalization [3]. Group 2: International Collaboration and Strategic Partnerships - The former French Prime Minister highlights the importance of deepening financial cooperation between France and China to address global challenges and promote peaceful development [4]. - Joseph Stiglitz, a Nobel laureate, advocates for enhancing financial system transparency and competition to break monopolies in global trading and payment platforms [4]. - A strategic cooperation memorandum was signed between the Bank of China and the Hong Kong Trade Development Council to assist enterprises in exploring international markets [4].

Core Insights - The 2025 Financial Street Forum held in Beijing focused on "Global Financial Development under Innovation, Transformation, and Reshaping," highlighting the importance of open cooperation in navigating uncertainties in the global economy [1][3] Group 1: Global Financial Cooperation - The forum featured over 400 participants from more than 30 countries, emphasizing the need for deeper partnerships and capital flow to build a tighter global financial network [3] - The event included five overseas sub-forums in key international financial centers, showcasing a strong desire for enhanced communication within the global financial community [3][6] - Discussions on topics such as "Financial and Technological Empowerment for High-Quality Development" and "Risk Prevention and Collaborative Governance in the Digital Era" were prominent, indicating a focus on innovation and collaboration [3][6] Group 2: China's Financial Market and Policies - HSBC's increased stake in Chinese financial entities reflects a positive response to China's financial opening policies, indicating confidence in the Chinese market [4][5] - The forum introduced initiatives like the "Sci-Tech Radar" digital platform by China Construction Bank, aimed at supporting small and micro tech enterprises with comprehensive services [6] - Beijing's release of policies to promote venture capital and equity investment signals a commitment to enhancing the investment environment and supporting mergers and acquisitions [6][7] Group 3: Technological Innovation and Investment - The forum highlighted the role of artificial intelligence in transforming the financial ecosystem, with calls for AI to serve humanity and ensure transparent governance [5][7] - The release of the "2025 China Digital Financial Unicorn List" showed that over 40% of the listed companies are based in Beijing, particularly excelling in AI and green finance sectors [7] - The event facilitated partnerships, such as the memorandum of understanding between Beijing Financial Street Service Bureau and Casablanca Finance City, indicating a trend towards international collaboration in finance [7][8] Group 4: Future Directions and Economic Strategy - The forum served as a platform for interpreting policies and fostering dialogue, particularly in light of the recent national economic strategies aimed at enhancing financial governance and market adaptability [8][9] - Insights from industry leaders emphasized China's shift from low-cost manufacturing to high-value production, providing a model for other countries [9] - The forum's discussions underscored China's commitment to an open financial stance and innovative growth, aiming for high-quality development and international cooperation [9]

Core Viewpoint - The issuance of the "Support Shanghai's Stabilization of Foreign Trade and Promotion of Development Theme Bond" by the Export-Import Bank is a strategic initiative to bolster Shanghai's foreign trade amidst global economic changes, with a focus on key industries [1] Group 1: Bond Issuance Details - The bond has a term of 1 year and a total amount of 10 billion yuan [1] - The funds raised will support key foreign trade enterprises in Shanghai, covering sectors such as shipping, high technology, energy supply, and supply chain [1] - The bond issuance received strong support and enthusiastic subscriptions from various market investors [1] Group 2: Strategic Importance - This initiative is a collaborative effort between the Shanghai municipal government and the Export-Import Bank to promote stable growth in foreign trade and enhance financial openness and high-quality development [1] - The Export-Import Bank aims to support China's foreign trade investment development and international economic cooperation through bond financing, effectively linking credit and bond markets [1] - To date, the Export-Import Bank has issued over 100 billion yuan in theme bonds supporting the foreign trade sector, guiding financial resources to key areas of foreign trade [1]

Group 1: Monetary Policy and Financial Regulation - The central bank conducted a 7-day reverse repurchase operation of 220.5 billion yuan, resulting in a net withdrawal of 21.5 billion yuan due to 242 billion yuan maturing [1] - The LPR (Loan Prime Rate) remained stable at 3.0% for 1-year and 3.5% for 5-year loans, with expectations of potential downward adjustments in the second half of the year to stimulate demand [3] - The Financial Regulatory Authority highlighted that foreign banks and insurance institutions have total assets exceeding 7 trillion yuan, indicating a positive growth trend in foreign financial institutions in China [6] Group 2: Financial Center Development - The action plan to support the construction of Shanghai as an international financial center aims to enhance the functions of financial services and attract more foreign financial institutions [2] - The 2025 Lujiazui Forum emphasized the importance of financial openness and cooperation for high-quality development, with the central bank announcing eight policy measures to enhance financial services in Shanghai [5] - The "dual-city effect" in Beijing is facilitating the deep integration of foreign banks into the local market, enhancing their operational capabilities and confidence [4] Group 3: Cross-Border Payment Systems - The successful launch of the cross-border payment service in Shenzhen marks a significant milestone in the seamless connection between the mainland and Hong Kong payment systems, allowing real-time remittance services [7][8] - This service is designed to facilitate three main scenarios: remittances from mainland residents to Hong Kong, from Hong Kong residents to the mainland, and bilateral RMB payments between individuals and institutions [8] Group 4: Company-Specific Developments - Changsha Bank's fourth-largest shareholder announced plans to reduce holdings by up to 37 million shares, representing 0.92% of total equity, amid declining revenue and profit growth rates [9] - Despite the bank's asset and liability growth, its operating income and net profit growth have reached new lows since its listing, indicating potential challenges ahead [9]

Core Viewpoint - The Shanghai court is developing a foreign-related financial adjudication rule system to enhance international financial cooperation and governance, aiming to improve the competitiveness and influence of Shanghai as an international financial center [1][2]. Group 1: Financial Judicial Mechanism Innovation - The Shanghai court plans to explore higher-quality rule supply by constructing a foreign-related financial adjudication rule system and establishing a foreign-related financial case database, transitioning from case adjudication to rule output [2]. - The court aims to enhance judicial cooperation at a higher level by strengthening international financial judicial exchanges and actively building a legal verification cooperation network with countries along the Belt and Road [2]. Group 2: Cross-Border Financial Governance - The Shanghai court will reinforce data sharing with financial regulatory authorities and collaborate with international organizations and think tanks for forward-looking research to improve cross-border financial governance effectiveness [2]. - Over the past five years, the Shanghai court has handled 3,418 cases related to foreign and Hong Kong, Macau, and Taiwan financial commercial disputes, with an annual growth rate exceeding 10% [2]. Group 3: Judicial Capacity Enhancement - The court respects the applicable law agreements of the parties involved, applying foreign laws or international treaties in over 130 foreign-related cases [2]. - The establishment of specialized mechanisms for foreign-related financial adjudication has been emphasized, with judicial teams set up across all courts in Shanghai to enhance the judicial capacity for foreign-related disputes [2].

Group 1 - The opening of the 2025 Lujiazui Forum focused on "Financial Openness and Cooperation in the Global Economic Landscape" [1] - Li Yunzhe, head of the National Financial Supervision Administration, emphasized that open cooperation is a key theme for financial development and a strong driving force for China's financial reform [1] - Currently, 42 out of the world's top 50 banks have established institutions in China, and nearly half of the 40 largest insurance companies have entered the Chinese market [1] - Eighty percent of national banks have improved corporate governance and management levels by introducing foreign strategic investors [1] - Foreign institutions serve as important bridges for attracting investment, intelligence, and technology, contributing significantly to the construction of China's modern financial system [1] Group 2 - China is making breakthroughs in cutting-edge technology fields such as aerospace, quantum technology, and artificial intelligence, becoming one of the most active innovation hubs globally [1] - International institutions investing in Chinese tech companies have seen substantial returns, leading to increased investor confidence in China's technological development potential [1] - The National Financial Supervision Administration is promoting pilot projects for financial asset investment companies and technology enterprise merger loans to explore new paths for technology finance development [1] Group 3 - The National Financial Supervision Administration is focused on improving the regulatory framework, management, and standards, with restrictive measures in the banking and insurance sectors largely eliminated [2] - Future efforts will include replicating and promoting the experiences of free trade zones and ports to support foreign institutions in participating in more financial business pilots [2] - The administration aims to align with international high-standard economic and trade agreements in the financial sector to explore broader and deeper opening-up measures [2]

Core Insights - The discussion at the Lujiazui Forum highlighted the importance of collaboration between Shanghai and Hong Kong as key financial centers in China, especially in the context of global economic changes [1][4] - AIA Group's CEO emphasized the company's active role in financial innovation and openness since its listing in Hong Kong in 2010, particularly in supporting the internationalization of the Renminbi [2] - The CEO proposed three key recommendations for enhancing financial cooperation between Shanghai and Hong Kong, focusing on regulatory coordination, long-term savings solutions, and increased policy support for innovation [3] Company Insights - AIA Group has been a pioneer in establishing Renminbi trading counters in Hong Kong, showcasing its commitment to financial innovation and responsiveness to market trends [2] - The company plans to continue its innovation efforts in various financial sectors, including technology finance, green finance, inclusive finance, pension finance, and digital finance, aiming to provide comprehensive and sustainable financial services [2][3] - AIA Group expressed its unwavering support for the opening and innovation of the Chinese financial market, contributing to the high-quality development of the economy [4] Industry Insights - The collaboration between Shanghai and Hong Kong is seen as vital for injecting new vitality into the Chinese financial market and providing new models for global financial stability and development [1] - The establishment of a robust green finance ecosystem is crucial for international cooperation and achieving broader sustainable development goals in China [3] - Talent development is highlighted as a core element in financial openness and cooperation, with both cities having unique strengths in innovation and financial services [3]