Core Insights - The Industrial and Commercial Bank of China (ICBC) Jinhua Branch is actively participating in the economic and financial service reform pilot in Jinhua, Zhejiang Province, focusing on enhancing cross-border financial services to support the local economy [1] Group 1: Cross-Border Financial Services - ICBC Jinhua Branch is implementing policies to improve cross-border financial services, directly benefiting local enterprises [1] - The branch has processed over ten thousand high-level open pilot business transactions, promoting cross-border trade and investment [1] Group 2: Currency and Risk Management - The bank has conducted extensive outreach, serving over a thousand enterprises to increase awareness of RMB settlement, aiming to boost the proportion of goods trade settled in RMB [1] - A new "exchange rate hedging market monitoring system" has been developed, allowing companies to monitor exchange rates more efficiently, enhancing their ability to manage risks associated with exchange rate fluctuations [1] Group 3: Financial Innovation - The Jinhua Branch has pioneered the implementation of a multi-central bank digital currency bridge business, expanding the application of digital RMB in cross-border scenarios [1] - The branch has successfully launched a pilot program for derivative guarantee and credit enhancement services for cross-border financial service platforms, providing small and micro enterprises with more convenient and cost-effective exchange rate hedging services [1]

9月15日，2025"万企出海 鲁贸全球"泰安精准采购贸易对接会在泰安成功举办。中国银行泰安分行受邀 参加，为100余家参展企业提供金融支持，为企业出海保驾护航。 贸易对接环节，现场气氛热烈。中国银行泰安分行通过悬挂横幅、展示跨境人民币易拉宝、发放《跨境 人民币业务宣传手册》等方式，多方位向与会企业宣讲跨境人民币政策，引导企业树立"本币结算成本 更低、更便利"理念。 在宣传过程中，我行主动为企业在跨境结算中遇到的疑惑进行解答。某企业较为关心入账效率及优质企 业跨境人民币结算便利化相关情况，泰安中行工作人员现场就认定标准、便利化措施等给与了详细的讲 解，高效、专业且细致的回复，获得了企业与采购商的充分肯定。 本次宣传活动触达人次达百余人，现场答疑解惑，为企业出海提供跨境人民币政策支持。下一步，中国 银行泰安分行将在中国人民银行泰安市分行的指导帮助下，积极响应政府号召，依托会议活动，推动各 项跨境人民币政策的落实与细化，实现政策宣传的最大覆盖面和最佳效果，助力人民币国际化进程，为 泰安市涉外经济高质量发展贡献更多中行力量。 ...

浦发银行上海分行作为浦发银行系统内首批外汇展业试行分行，自2024年10月开展外汇展业改革以来， 在国家外汇管理局上海市分局指导下，认真落实《银行外汇展业管理办法（试行）》要求，持续推进数 智化赋能外汇业务管理，重构外汇业务事前、事中、事后全流程的智能风控体系，为符合条件的优质客 户凭支付指令直接办理外汇业务，兼顾业务风险防范和业务便利，打造浦发外汇业务高效服务新模式。 依托政策"红利"，打造浦发跨境人民币服务新模式 2025年9月人民银行和外汇局鼓励已改革银行参照《银行外汇展业管理办法（试行）》及配套制度要求 办理跨境人民币业务。浦发银行在外汇展业改革近一年后，依据《银行外汇展业管理办法（试行）》政 策问答（三），结合自身客群特点、风控流程和跨境人民币业务风险差异等因素确定本行优质客户可凭 指令办理的跨境人民币业务范围，并按规定对相关业务开展风险交易监测，依托外汇展业模式办理跨境 人民币业务。 落地跨境人民币展业改革新流程，节约企业"脚底成本" 9 月12日，浦发银行上海分行为某船厂优质客户办理了2笔共计约 2280万船用配件货款的跨境人民币极 速汇出业务。该业务属于货物贸易 - 人民币 - 纳入海关统计的 ...

Economic Performance - In 2024, Shandong Province achieved a GDP of 9.9 trillion yuan, with a year-on-year growth of 5.7%, surpassing the national growth rate by 0.7 percentage points[2] - Fixed asset investment (excluding farmers) grew by 3.3%, with manufacturing investment increasing by 15.1% and high-tech industry investment rising by 15.9%[3] - The total retail sales of consumer goods reached 3.8 trillion yuan, growing by 5.0% year-on-year, with online retail sales at 754.3 billion yuan, up 7.8%[3] Financial Sector Performance - The total social financing scale in Shandong reached 23.8 trillion yuan, with a year-on-year growth of 10.2%[62] - New loans amounted to 1.2 trillion yuan, with a year-on-year growth of 9.0%, exceeding the national average by 1.8 percentage points[44] - The balance of debt financing tools issued by enterprises was 622.8 billion yuan, reflecting a 9.6% increase year-on-year[66] Employment and Income - Urban employment increased by 1.245 million, achieving 113.2% of the annual target, while per capita disposable income rose by 5.5%[34] - The rural per capita disposable income growth rate outpaced that of urban residents, indicating a positive trend in rural economic conditions[34] Price Stability - The consumer price index (CPI) rose by 0.2%, with food prices declining by 0.5% and non-food prices increasing by 0.4%[35] - The industrial producer price index (PPI) decreased by 2.1%, with the decline narrowing by 1.4 percentage points compared to the previous year[35] Financial Risk Management - The non-performing loan ratio in the banking sector was 1.15%, a decrease of 0.01 percentage points, marking six consecutive years of decline[59] - The provision coverage ratio reached 276.6%, indicating enhanced risk resistance capabilities within the banking institutions[59]

Core Insights - The People's Bank of China Kaifeng Branch has established a four-dimensional mechanism to promote cross-border RMB business, focusing on enhancing the city's cross-border RMB settlement ratio [1] - The bank aims to activate market dynamics by setting differentiated development goals and ensuring policy alignment with market needs [1] - A comprehensive policy promotion network has been created, involving collaboration with various government departments and banks to enhance awareness and implementation of cross-border RMB policies [2] Group 1: Policy Implementation - The bank has developed a policy promotion system that includes online and offline training to ensure timely policy transmission [2] - A series of policy promotion events have been held, covering 128 foreign trade enterprises and over 380 participants, effectively increasing the awareness and reach of cross-border RMB business [2] Group 2: Business Expansion - The bank has identified key enterprises and sectors for targeted expansion of cross-border RMB business, focusing on head enterprises and small to medium-sized enterprises in specific industries [3] - A dynamic list of priority enterprises for cross-border RMB business has been created, leading to 19 new enterprises achieving their first cross-border RMB transactions [3] Group 3: Risk Management and Service Enhancement - The bank emphasizes both development and compliance, implementing a closed-loop management system for monitoring cross-border RMB transactions [3] - Service quality has improved significantly, with rapid responses to policy inquiries and technical issues, enhancing the overall effectiveness of cross-border RMB services [3] Group 4: Business Metrics - As of the end of July, Kaifeng's cross-border RMB business has expanded to cover 51 countries and regions, with 121 enterprises involved and a transaction volume of 2.432 billion yuan, accounting for 21.05% of foreign-related income and expenditure [4] - The volume of goods trade settlements reached 2.103 billion yuan, representing 85.74% of the total, with 54 new cross-border RMB "first-time" enterprises established, a year-on-year increase of 145% [4]

Core Viewpoint - The report by the China Banking Association indicates a steady increase in the internationalization of the Renminbi (RMB), providing significant opportunities for banks to engage in cross-border RMB business [1] Group 1: RMB Internationalization Progress - The RMB has become the fourth largest global payment currency as of November 2023, with cross-border RMB transactions reaching 52.3 trillion yuan in 2023 and projected to grow to 64.1 trillion yuan in 2024, both showing over 20% year-on-year growth [2] - The Cross-Border Interbank Payment System (CIPS) is expected to handle 175.5 trillion yuan in cross-border payments in 2024, marking a 42.6% increase [2] - By the end of 2024, the RMB is anticipated to rank as the third largest trade financing currency globally, following the US dollar and euro [2] Group 2: Opportunities for Banks - The internationalization of the RMB is creating business opportunities in cross-border RMB payments, settlements, and trade financing for commercial banks [4] - Banks are encouraged to enhance their internationalization efforts to meet diverse client needs and improve service effectiveness [4] - The report suggests that banks should leverage the RMB's internationalization to enhance their market-building and promotion roles [4] Group 3: Recommendations for Enhancing RMB Internationalization - The report recommends refining cross-border RMB facilitation policies and improving the management of cross-border RMB business for enterprises [5] - It suggests optimizing management mechanisms for key business areas related to RMB internationalization, including expanding the pilot scope for integrated currency pools [5] - Continuous improvement of the offshore RMB market is advised, including the development of investment and risk hedging tools [5]

Core Insights - The report by the China Banking Association outlines the progress of RMB internationalization and the development of cross-border RMB business since 2023, highlighting new opportunities and strategies for commercial banks to promote RMB usage [1] Group 1: RMB Internationalization Progress - The RMB is increasingly used for cross-border settlements and financing, with a steady rise in its internationalization level driven by both policy guidance and market forces [1] - Cross-border RMB business has maintained rapid growth, enhancing the RMB's global payment capabilities [1] - The RMB's position in global trade financing has significantly improved, with a notable increase in the scale of Hong Kong Stock Connect and Bond Connect transactions [1] - By the end of 2024, foreign institutions and individuals are expected to hold RMB assets totaling 7.12 trillion yuan, a year-on-year increase of 9.4% [1] Group 2: Strategies for Promoting RMB Usage - Commercial banks are focusing on key sectors, regions, and enterprises to enhance cross-border RMB usage, particularly in large commodity trade and overseas engineering projects [2] - There is an emphasis on expanding RMB usage in new trade formats, with banks enhancing financial support for cross-border e-commerce and other emerging business models [2] - Support is being provided for the development of free trade zones and international financial centers, optimizing product offerings and customer services to promote high-standard economic and trade development [2] - Banks are offering diverse RMB cross-border settlement products to help enterprises mitigate exchange rate risks and reduce financing costs [2] Group 3: Recommendations for Banks - The report suggests that banks should refine cross-border RMB facilitation policies and optimize management systems for key business areas related to RMB internationalization [3] - Continuous improvement of the offshore RMB market is recommended to further support the internationalization process [3]

Group 1 - The core viewpoint emphasizes the commitment of Weifang Bank to serve urban and rural residents, small and medium-sized enterprises, and the local economy while enhancing cross-border RMB policies to facilitate trade and investment [1] Group 2 - The bank leverages financial technology to achieve digital management of cross-border RMB business, covering 80% of foreign trade business scenarios, which allows for quick processing of various transactions and reduces operational costs for enterprises [2] Group 3 - The implementation of cross-border RMB facilitation policies has led to cost savings of over 6 million yuan for foreign trade enterprises in the first half of the year, through measures such as lowering loan interest rates, fees, and deposit ratios, and waiving account opening fees [3] Group 4 - A cross-border financial think tank consisting of 16 experts has been established, conducting 12 training sessions on cross-border settlement policies, and serving over 1,100 foreign-related enterprises through targeted marketing efforts [4] Group 5 - The launch of the CIPS standard sender-receiver has enabled the first RMB cross-border payment in Shandong province, with a cross-border RMB settlement scale reaching 3.1 billion yuan in the first half of the year, marking an 8% year-on-year increase [5]

Core Viewpoint - Nantong Rural Commercial Bank is actively responding to national policies aimed at stabilizing foreign trade and promoting openness, focusing on internationalization, specialization, and digitalization to enhance cross-border financial services [1][2] Group 1: Business Development - The bank has implemented a branch linkage mechanism to expand foreign trade business marketing across all branches, resulting in significant marketing effectiveness [1] - A total of 73 foreign trade customers were visited in the first half of the year, with 25 new foreign exchange settlement customers added, leading to an increase in international business reach and customer scale [1] Group 2: Financial Performance - The bank's cross-border RMB business has led the market, achieving a settlement volume of 290 million yuan in the first half of the year [1] - The bank has successfully converted customers from other banks through specialized training sessions, with import and export credit seeing both volume and quality improvements, adding 23 new credit customers and disbursing loans of 192 million yuan, exceeding interim targets [1] Group 3: Innovation and Service Enhancement - The bank has signed forfaiting agreements with several financial institutions, processing interbank buy-in business worth 276 million yuan in the first half of the year [2] - The bank has become one of the first institutions in the region to implement electronic document systems, significantly enhancing the convenience of personal foreign exchange services [2] - Future plans include deepening collaboration across branches, optimizing integrated currency services, accelerating product innovation, and further enhancing cross-border financial service capabilities [2]

Core Insights - The seminar held on August 7 aimed to promote the use of cross-border RMB in goods trade, addressing the needs and challenges faced by foreign trade enterprises in a complex international economic environment [1][2] - The event emphasized the importance of financial support in stabilizing foreign trade and optimizing trade structure, highlighting the achievements of cross-border RMB business since its pilot launch in Jining [1][2] - The People's Bank of China (PBOC) in Jining has been actively promoting cross-border RMB usage, with a cumulative settlement amount exceeding 300 billion yuan since the pilot began in June 2010, covering 148 countries and regions [2] Group 1 - The seminar was co-hosted by the PBOC Jining Branch and the Jining Municipal Bureau of Commerce, with a focus on the theme "Integrating the World, Prioritizing Local Currency" [1] - Keynote speeches analyzed the current foreign trade situation and opportunities, stressing the critical role of finance in supporting foreign trade [1][2] - Experts provided insights on RMB exchange rate trends, helping enterprises manage exchange rate risks and focus on core business development [1][2] Group 2 - The seminar featured a comprehensive interpretation of cross-border RMB policies, providing clear guidance for enterprises to understand and utilize policy benefits [2] - Attendees expressed that the event was a timely opportunity to grasp the latest foreign exchange and cross-border RMB policy directions, enhancing their confidence in international market expansion [2] - The PBOC Jining Branch plans to continue collaborating with commercial banks to optimize the RMB usage environment and enhance financial services for trade and investment [3]