Core Insights - The implementation of the "Negative List" for data exit management in Guangxi aims to facilitate cross-border data flow, contributing an estimated $11 trillion to global GDP by the end of 2025 [1][10] - The list specifically targets four industries: geographic information and meteorological data services, enterprise credit information services, cross-border e-commerce live streaming, and overseas audio-visual production and dissemination [1][6] Group 1: Data Management and Compliance - The "Negative List" provides a clear framework for data management, defining which data is considered important and ensuring that routine business data is not overly restricted [4][8] - The list allows for a significant increase in the volume of personal information that can be exported, particularly in the overseas audio-visual production sector, raising the limit from 1 million to over 2 million individuals [4][9] - The principle of "non-prohibition is permission" expands the scope for data exit, allowing companies to provide data abroad without prior approval as long as it is not on the negative list [5][10] Group 2: Industry Development and Opportunities - The new regulations are expected to enhance the competitiveness of Guangxi's cross-border e-commerce sector, addressing long-standing uncertainties regarding data compliance and export [2][3] - The implementation of the "Negative List" is seen as a significant step in promoting cross-border business activities, enabling companies to explore new markets and partnerships, particularly in ASEAN countries [7][10] - The policy changes are anticipated to create new business opportunities for companies in cross-border e-commerce, data analysis, and credit information services, facilitating a more integrated approach to international trade [9][10] Group 3: Infrastructure and Future Prospects - Guangxi is investing in digital infrastructure, including a "data highway" to enhance connectivity with ASEAN nations, which will support the efficient flow of data across borders [11][12] - The establishment of international data centers and cross-border data flow testing zones is part of Guangxi's strategy to build a robust framework for data exchange and cooperation with ASEAN countries [12]

Core Viewpoint - The People's Bank of China, along with other regulatory bodies, has issued a set of 30 key measures to enhance financial support for the Guangzhou Nansha area, aiming to strengthen its role in the Guangdong-Hong Kong-Macao Greater Bay Area's development and modernization efforts [1][2][3]. Group 1: Financial Services Enhancement - The measures include improving financial services for innovation and entrepreneurship, supporting the establishment of technology innovation industry cooperation bases, and promoting diverse intellectual property financial services [1]. - There is a focus on expanding financial services for social welfare, including the trial of bank account openings for Hong Kong and Macao residents and cross-border cooperation in credit reporting [2]. Group 2: Development of Specialized Financial Services - The initiative encourages the Guangzhou Futures Exchange to explore electricity futures and enhance the renewable energy futures product system [2]. - It supports the development of generative artificial intelligence models and their applications in the financial sector, including smart credit, investment, and risk control services [2]. Group 3: Financial Market Connectivity - The measures promote the use of free trade accounts and other mechanisms to provide comprehensive financial services to foreign institutions [2]. - There is encouragement for cross-border cooperation in futures products between the Guangzhou Futures Exchange and the Hong Kong Stock Exchange [2]. Group 4: Regulatory Mechanisms and Support - The plan emphasizes the need for coordinated regulatory efforts between central and local authorities, ensuring that financial management rules are uniformly applied [3]. - It includes support for policies related to housing, talent, and education to facilitate the development of an international talent zone in Nansha [3].

2025年7月16日，由全球领先的数字身份核验与合规风险管理服务商 ADVANCE.AI 主办的【ALL IN ADVANCE | 智启者 · 见未来】2025年出海金融闭门论坛于上海顺利举行。作为 ADVANCE.AI 连续第三 年主办的出海金融专题论坛，本次闭门交流会延续了"高质量、强共识、深链接"的策划理念，持续为中 国金融科技出海企业搭建高阶对话平台。 本次论坛汇聚近百位来自中国出海金融科技企业的核心决策者和高管，由多位重磅行业嘉宾带来深度分 享，议题涵盖企业管理、出海趋势、风控策略、海外投放、数据与财税合规等关键环节，紧扣行业趋 势，精准切中金融科技企业在全球拓展过程中的痛点与核心需求，围绕"全球金融科技""合规与信 任""AI与增长"等核心方向展开。 本次论坛也是 ADVANCE.AI "ALL IN ADVANCE" 年度品牌活动的首发站，在内容深度、嘉宾规格、交 流质量等多个维度迎来全面升级。活动的成功举办，充分展现出 ADVANCE.AI 作为行业引领者的整合 力与平台力。通过这一高阶对话平台，ADVANCE.AI 期待促成更多高质量的观点碰撞与经验分享，在 全球金融科技出海生态中持续发挥连 ...

Core Insights - As of June 2025, the total balance of various deposits in Shenzhen reached 14.16 trillion yuan, an increase of nearly 600 billion yuan since the beginning of the year [1] - The balance of various loans in Shenzhen reached 9.85 trillion yuan, with an increase of over 350 billion yuan since the beginning of the year [1] - The balance of loans to the private economy in Shenzhen reached 4.26 trillion yuan, with a new addition of 849.75 billion yuan [1] Financial Innovations - The scale of technology innovation bonds (referred to as "科创债") reached 20.75 billion yuan, with 14 bonds issued by 9 enterprises including major tech firms [3] - The People's Bank of China Shenzhen Branch has facilitated the issuance of technology innovation bonds, providing a model for financial support in the tech sector [3] - In the first half of 2025, 102 enterprises signed agreements for "腾飞贷" totaling 3.6 billion yuan, while "科技初创通" helped 3,761 enterprises secure loans amounting to 4.84 billion yuan [3] Cross-Border Transactions - In the first half of 2025, the number of foreign card transactions via WeChat Pay increased by 1.6 times, with nearly 2 million foreign users binding their cards [5] - Foreign personnel in Shenzhen conducted 85.8754 million non-cash payment transactions totaling 11.81 billion yuan, marking increases of 29% and 35% respectively [5] - The cross-border RMB payment amount reached 27.6328 trillion yuan, a year-on-year increase of 24.3%, with goods trade accounting for 5.5128 trillion yuan of this total [6] Digital Finance Development - The Shenzhen local credit platform launched over 50 credit products, enabling enterprises to secure financing of 574.4 billion yuan [8] - The digital RMB pilot program has seen nearly 30 million digital wallets opened, with pre-paid funds management reaching nearly 3.1 billion yuan [8] - Shenzhen is advancing the application of a multi-central bank digital currency bridge in cross-border transactions, successfully executing the first transaction involving "bulk commodity trading + multi-central bank digital currency bridge" [8]

Core Viewpoint - The People's Bank of China and five other departments have issued a joint document to enhance financial support for Guangzhou Nansha, aiming to strengthen its role in the Guangdong-Hong Kong-Macao Greater Bay Area development [1][2]. Group 1: Financial Support Measures - The document outlines 30 key measures to improve financial services for innovation and entrepreneurship, promote financial market connectivity, and enhance regulatory mechanisms [1]. - It encourages banks to collaborate with external investment institutions to explore new business models such as "loans + external direct investment" to support technological innovation [1]. - The document supports the development of a data trading platform in Guangzhou and collaboration with licensed digital asset trading platforms in Hong Kong to innovate digital asset trading services [1]. Group 2: Youth and Cross-Border Initiatives - The measures include support for eligible Hong Kong and Macao residents and youth entrepreneurship projects in Nansha to access local financial support policies such as loan interest subsidies and risk compensation [1]. - It proposes to expand the pilot program for Hong Kong and Macao residents to open bank accounts and explore video-based credit card applications [2]. - The document supports cross-border cooperation among credit institutions in the Greater Bay Area and the mutual recognition of credit products [2]. Group 3: Climate and Futures Market Initiatives - The document encourages Nansha to deepen its role in national climate investment and financing trials, enhancing collaboration with Hong Kong and Macao in platform construction and financing [2]. - It supports the launch of cross-border cooperative products at the Guangzhou Futures Exchange, exploring new models for international cooperation in futures products [2].

五部门：允许在南沙和港澳地区均有分支机构的银行开展内部数据跨境流动试点 智通财经5月12日电，中国人民银行、金融监管总局、中国证监会、国家外汇局、广东省人民政府联合 印发《关于金融支持广州南沙深化面向世界的粤港澳全面合作的意见》。推动跨境信用融资便利化。支 持粤港澳三地征信机构开展跨境合作，探索推进征信产品互认。在遵守相关法律法规、安全可控的前提 下，允许在南沙和港澳地区均有分支机构的银行开展内部数据跨境流动试点。在港澳居民同意前提下， 允许在南沙的港资或澳资银行共享其母行掌握的同一居民信用状况。 ...