Core Viewpoint - The People's Bank of China Shenzhen Branch and the State Administration of Foreign Exchange Shenzhen Branch held a press conference, highlighting the implementation of supportive monetary policies to enhance financial support for key sectors and promote high-quality economic development in Shenzhen [1]. Group 1: Loan Growth and Financial Support - As of September 2025, the total loan balance in Shenzhen reached 9.94 trillion yuan, a year-on-year increase of 5.0%, with an increase of 457.41 billion yuan since the beginning of the year, exceeding last year's growth by over 200 billion yuan [1]. - The loan structure has been optimized, with manufacturing loans growing by 13.2% and loans for scientific research and technical services increasing by 15.9% year-on-year [2]. - The balance of technology loans reached 2.18 trillion yuan, up 8.2% year-on-year, while inclusive small and micro loans totaled 1.97 trillion yuan, growing by 7.1% [2]. Group 2: Support for SMEs and Consumption - Shenzhen is enhancing the financing environment for private small and medium-sized enterprises (SMEs) through innovative models like "credit + credit reporting" and "credit + guarantee" [3]. - The average interest rate for newly issued corporate loans in Shenzhen was 2.75% in September 2025, a decrease of 0.53 percentage points year-on-year, indicating a decline in overall financing costs [4]. - Financial support for consumption and foreign trade has been prioritized, with 476.1 billion yuan in loans issued to service sectors, and new products like "micro trade loans" and "cross-border e-commerce loans" introduced to meet financing needs [5][6]. Group 3: Cross-Border Financial Services - Since the implementation of high-level pilot policies in February 2024, the level of cross-border trade and investment facilitation in Shenzhen has improved, benefiting over 1,800 enterprises with a business scale exceeding 210 billion USD [7]. - The cross-border RMB business in Shenzhen has seen increased volume and expanded coverage, with banks customizing financial services to meet enterprise needs [7]. - The "Cross-Border Wealth Management Connect" 2.0 measures have attracted approximately 31,000 new individual investors, with cross-border payment amounts totaling 50.74 billion yuan, representing nearly 50% of the Greater Bay Area's total [8].

Core Viewpoint - The manufacturing industry is crucial for national development and technological innovation, with the government of Foshan prioritizing the construction of a modern industrial system and supporting the transformation of traditional industries through financial innovation [1][2]. Group 1: Financial Support for Manufacturing - As of March 2025, the total loans for manufacturing from the Bank of China in Foshan reached 29.82 billion yuan, an increase of 11.65 billion yuan year-on-year, representing a growth rate of 64% [3][4]. - The "Intelligent Manufacturing Light" service brand was created to address financing challenges for technological upgrades, offering specialized products like "Technological Upgrade Loans" and "Digital Transformation Loans" [2][3]. - The bank has developed a comprehensive product matrix to support the entire lifecycle of enterprises, including loans for equipment updates and innovative financing solutions for technology companies [3][4]. Group 2: Industrial Park Development - The establishment of "Ten Innovative Leading Characteristic Manufacturing Parks" is a key strategy for Foshan's manufacturing transformation, focusing on emerging industries like new energy storage and power systems [4][6]. - The Bank of China has provided significant financial support for the development of these parks, with over 12.5 billion yuan in credit support for 27 park development projects [6][7]. - The bank's "Yuejian Tong" service offers long-term loans of up to 20 years to cover the funding needs of new, expanded, and renovated industrial parks [5][6]. Group 3: Supporting Enterprises Going Global - The Bank of China in Foshan is facilitating the international expansion of local manufacturing enterprises by providing diverse financing solutions and leveraging the strategic position of the Guangdong-Hong Kong-Macao Greater Bay Area [7][9]. - The bank has successfully implemented cross-border financing solutions, including short-term export credit insurance and supply chain financing, to enhance the cash flow of enterprises venturing abroad [7][9]. - The introduction of the "Customs-Bank Fast Remittance" service streamlines the cross-border settlement process for enterprises, improving their operational efficiency [9][10].