Group 1 - The importance of cross-border supply chain finance is increasing as Chinese companies accelerate their overseas expansion [1][2] - One-third of surveyed companies have diversified their supplier sources, indicating that going global is a necessity for many [2][3] - ASEAN is viewed as the most important overseas procurement market (40%), end market (37%), and future investment destination (48%) by domestic companies [2] Group 2 - The current advantage of RMB financing costs is notable, with an increasing trend in trade settlements using RMB [3] - However, local currency usage is often required for businesses operating abroad, with some markets experiencing high financing costs of 13%-15% [3][4] - Banks are enhancing their cross-border supply chain finance capabilities, focusing on a more robust "China+N" strategy [3][4] Group 3 - A new one-stop cross-border financial solution called "Global Chain" has been launched, targeting Chinese companies expanding internationally [3] - Key elements for banks in cross-border supply chain financing include understanding legal requirements and having multi-currency real-time settlement capabilities [4] - Financial institutions must possess strong product innovation capabilities and a deep understanding of regional industry characteristics and trade practices to tailor solutions for enterprises [4]