记者丨唐婧 编辑丨肖嘉 跨国公司全球布局迎来重磅利好，境内外资金集中管理将更加便利。 21世纪经济报道记者注意到，12月26日下午，中国人民银行、国家外汇管理局在官网发布《关于跨国公 司本外币一体化资金池业务有关事宜的通知》（下称《通知》），在总结前期部分地区试点经验的基础 上，决定在全国范围内推广跨国公司本外币一体化资金池业务。《通知》自发布之日起施行。 跨国公司本外币一体化资金池业务，是指跨国公司根据自身经营和管理需要，集中运营管理境内外本外 币资金，开展资金归集和余缺调剂、经常项目资金集中收付和轧差净额结算等业务。前期的试点运行情 况表明，该政策在防范跨境资金风险的前提下，有效提升了企业跨境资金使用效率，受到经营主体普遍 欢迎。 参与前期试点的广州农牧企业海大集团财务负责人介绍，过去集团内部本外币资金分别管理，跨境调拨 流程较为复杂。实施本外币一体化资金池后，集团资金可以统一调度，资金使用效率明显提升，财务管 理更加精细化。福建新能源企业宁德时代财务负责人也表示，借力本外币一体化资金池政策，企业可以 高效、灵活调剂境内外头寸，为海外生产基地拨付资金，有力支撑了海外业务资金周转，帮助企业加快 海外产能布局 ...

Core Viewpoint - The People's Bank of China and the State Administration of Foreign Exchange have announced the nationwide promotion of the integrated currency pool business for multinational companies, enhancing the convenience of centralized management of domestic and foreign funds [2][3]. Group 1: Policy Overview - The integrated currency pool business allows multinational companies to manage domestic and foreign currency funds centrally, improving the efficiency of cross-border fund utilization while mitigating risks [2][3]. - As of September, 98 multinational companies have engaged in this business, benefiting nearly 5,000 member enterprises [3]. - The policy aims to enhance the efficiency of cross-border fund utilization for large multinational companies and reduce foreign exchange risks and financial costs [3]. Group 2: Implementation Conditions - Multinational companies must meet nine criteria to engage in the integrated currency pool business, including having a genuine business need and a robust cross-border fund management structure [5]. - Companies must also meet specific financial thresholds, such as a combined international payment scale of at least 7 billion RMB and a total revenue of at least 10 billion RMB for domestic members [5]. Group 3: Key Features of the Policy - The policy framework includes unified management of the integrated currency pool business and encourages the use of local currency for transactions [5]. - The notification simplifies the process for companies to manage capital project foreign exchange payments, significantly reducing the time required for fund transfers [6]. - The policy allows for the centralized management of foreign debt and overseas lending limits, enabling companies to efficiently allocate funds [6][7]. Group 4: Benefits to Companies - The integrated currency pool can significantly enhance fund utilization efficiency, allowing companies to reduce fund stagnation and improve overall turnover rates [10]. - Companies like Haida Group have reported that the policy has enabled real-time fund transfers, improving creditworthiness and reducing risks associated with overseas funds [10]. - The policy also helps companies lower operational costs by eliminating the need for multiple fund pools and account systems, thus reducing management fees and cross-border exchange costs [10]. Group 5: Future Directions - The State Administration of Foreign Exchange plans to strengthen business guidance and promote understanding of the integrated currency pool policy among enterprises [12]. - The policy is seen as a financial engine for enhancing high-level openness and supporting the "going global" strategy of companies [12].

Core Viewpoint - The People's Bank of China and the State Administration of Foreign Exchange have announced the nationwide promotion of the integrated currency pool business for multinational companies, enhancing the convenience of centralized management of domestic and foreign funds [1][2]. Group 1: Policy Implementation and Benefits - The integrated currency pool allows multinational companies to manage domestic and foreign currency funds efficiently, improving cross-border fund utilization and reducing operational complexities [1][2]. - As of September, 98 multinational companies have engaged in this business, benefiting nearly 5,000 member enterprises, indicating the policy's broad applicability and potential for replication [2]. - The policy aims to enhance the efficiency of cross-border fund utilization for large multinational companies, reducing foreign exchange risks and financial costs [2]. Group 2: Conditions and Framework - Companies wishing to participate must meet nine criteria, including having a genuine business need and a robust cross-border fund management structure, with specific financial thresholds for domestic and foreign revenue [3]. - The policy framework includes a unified management approach for the integrated currency pool, encouraging the use of local currency and streamlining the registration process for companies [3][4]. Group 3: Operational Efficiency and Cost Reduction - The implementation of the integrated currency pool has significantly reduced the time required for cross-border fund transfers, enhancing overall fund utilization efficiency [4][6]. - Companies can consolidate multiple funding pools into a single management system, thereby lowering account management fees and cross-border transaction costs [7]. - The policy allows for flexible fund allocation and management, enabling companies to respond more effectively to market changes and operational needs [6][8]. Group 4: Strategic Impact and Future Directions - The integrated currency pool is positioned as a financial engine to support high-level opening-up and enhance international competitiveness for Chinese enterprises [8]. - The State Administration of Foreign Exchange plans to provide further guidance and support to help companies fully leverage the benefits of the integrated currency pool [8].

当时间的刻度指向2026，一个崭新的五年征程即将启幕。 此刻，我们立足承前启后的交汇点，"十四五"即将圆满收官。回顾2025年，在多重压力之下，中国经济 再次走过了"很不平凡"的一年，并展现出强大韧性和活力，成就奠定坚实基础。 刚刚闭幕的中央经济工作会议深刻指出，做好明年经济工作，要"坚持稳中求进工作总基调"，在政策取 向上，"要坚持稳中求进、提质增效"，着力稳就业、稳企业、稳市场、稳预期，推动经济实现质的有效 提升和量的合理增长，保持社会和谐稳定，实现"十五五"良好开局。 启新程，当乘势而上，更须砥砺前行。站在"十五五"新程待启的关键时点，如何看待2026年的经济形 势？2026年经济工作怎么干？新京报贝壳财经推出《看2026：十五五·启新程》专题报道，汇聚监管部 门、知名学者和领军企业家，解读政策脉络，洞察趋势变化。2026，我们携手出发。 对于企业而言，针对中央经济工作会议提出的持续扩大内需等议题会有哪些举措？2026年有哪些战略发 展目标？新京报贝壳财经记者就此采访了新希望（000876）集团常务副总裁、首席运营官李建雄。他告 诉记者，发展新质生产力是推动经济增长的关键动能，新希望集团会持续推动数字化 ...

当时间的刻度指向2026，一个崭新的五年征程即将启幕。 此刻，我们立足承前启后的交汇点，"十四五"即将圆满收官。回顾2025年，在多重压力之下，中国经济再次走过了"很不平凡"的一年，并展现出强大韧性和 活力，成就奠定坚实基础。 刚刚闭幕的中央经济工作会议深刻指出，做好明年经济工作，要"坚持稳中求进工作总基调"，在政策取向上，"要坚持稳中求进、提质增效"，着力稳就业、 稳企业、稳市场、稳预期，推动经济实现质的有效提升和量的合理增长，保持社会和谐稳定，实现"十五五"良好开局。 启新程，当乘势而上，更须砥砺前行。站在"十五五"新程待启的关键时点，如何看待2026年的经济形势？2026年经济工作怎么干？新京报贝壳财经推出《看 2026：十五五·启新程》专题报道，汇聚监管部门、知名学者和领军企业家，解读政策脉络，洞察趋势变化。2026，我们携手出发。 对于企业而言，针对中央经济工作会议提出的持续扩大内需等议题会有哪些举措？2026年有哪些战略发展目标？新京报贝壳财经记者就此采访了新希望集团 常务副总裁、首席运营官李建雄。他告诉记者，发展新质生产力是推动经济增长的关键动能，新希望集团会持续推动数字化转型，在创新与升级中找 ...

德康农牧（02419）发布公告，于2025年12月24日该公司斥资629.3万港元回购8.99万股，回购价格为每 股69.4-72.5港元。 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 德康农牧（02419）发布公告，于2025年12月24日该公司斥资629.3万港元回购8.99万股，回购价格为每 股69.4-72.5港元。 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 ...

会上，农行山南分行、农发行西藏分行、西藏银行山南分行、山南忠信担保公司四家金融机构相关负责 人围绕金融支持农牧产业发展主题展开专题宣讲，详细介绍了各自信贷产品、担保服务等方面的具体扶 持政策，并纷纷表示，将以此次协会成立为重要契机，深化与农牧产业各类市场主体的交流合作，为山 南市农牧产业高质量发展提供坚实的金融支撑。 作为连接政府、市场与农牧企业的重要桥梁纽带，山南市农牧产业协会的成立，不仅为当地农牧产业搭 建起协同发展的新平台，更有效凝聚起行业发展的强大合力。未来，协会将带领全体会员单位强化政策 对接与产业协作，共同推动山南农牧产业高质量发展，为乡村振兴事业贡献积极力量。 责任编辑：央宗 会议严格依照既定流程有序推进各项议程，首先听取了雅投公司关于协会筹备工作的详细报告，以及预 备会审议情况的具体通报。与会人员认真审阅并表决通过了《山南市农牧产业协会章程》《山南市农牧 产业协会选举办法》两份核心文件，并按照规范程序选举产生协会第一届理事会理事。在全体参会人员 的共同见证下，授牌仪式圆满完成，山南市农牧产业协会正式宣告成立，这一举措为当地农牧产业的发 展注入了全新活力。随后，新当选的理事会理事第一时间召开第一 ...

智通财经APP讯，德康农牧(02419)发布公告，于2025年12月24日该公司斥资629.3万港元回购8.99万股， 回购价格为每股69.4-72.5港元。 ...

本报讯 （记者袁传玺）天眼查App显示，近日，新六创益（福建）农牧发展有限公司成立，注册资本 28.7亿元，经营范围包括动物饲养、牲畜饲养、牲畜屠宰等，由新希望（000876）（000876）、中央企 业乡村产业投资基金股份有限公司、欠发达地区产业发展基金有限公司共同持股。 ...

Core Insights - The core focus of the articles is on how restaurant owners are trying to enhance employee motivation and engagement through innovative partnership models, particularly the "Feng Huan Chao" partnership plan initiated by Xia Bo Xia Bo, which aims to transform employees from "workers" to "partners" [1][3]. Group 1: Employee Engagement Strategies - Xia Bo Xia Bo has launched its second "Feng Huan Chao" partnership plan, which emphasizes profit-sharing with employees to boost their motivation [1]. - The first phase of the partnership plan led to a 2% reduction in management fees for partner stores and a shift in profit distribution from quarterly to monthly, resulting in increased employee participation [1]. - Revenue for the first batch of partner stores increased by over 30% year-on-year, with profit margins exceeding 30% after employees transitioned to partner roles [1]. Group 2: Industry Challenges - The restaurant industry is facing significant growth pressures, with many national brands reporting revenue declines and operational difficulties [3]. - Xia Bo Xia Bo's revenue fell by 18.88% year-on-year to 1.942 billion yuan, with a net loss of 84 million yuan [3]. - Similar sentiments were echoed by Xi Bei's founder, who noted that the company is also experiencing a revenue decline and is under survival pressure due to previous controversies [3]. Group 3: Learning from Industry Leaders - Companies like Xi Bei are adopting similar strategies to enhance employee satisfaction and customer experience, aiming to increase labor costs from the industry average of 25% to 30% [2]. - Hai Di Lao serves as a model for other restaurants, emphasizing the importance of employee satisfaction in improving customer experiences [5]. Group 4: Market Evolution - The Chinese restaurant market is moving towards a phase of refined corporate governance, which is seen as beneficial for the long-term development of the industry [6].