人民财讯10月30日电，在10月30日举行的金融支持浙江外贸新闻发布会上，央行浙江省分行透露，在落 实人民币国际化工作方面，着力优化跨境人民币政策供给，指导金融机构创新产品和服务，重点扩大周 边重点国家和地区跨境人民币使用。今年前三季度，浙江省对东盟地区跨境人民币结算量同比增速达到 27.2%。 ...

Core Insights - The People's Bank of China Zhejiang Branch reported that the cross-border RMB settlement volume in Zhejiang Province reached a record high of nearly 2 trillion yuan in the first three quarters of the year [1] - The settlement volume related to the real economy, including current account and direct investment, amounted to 1.3 trillion yuan, ranking fourth nationwide [1] Group 1 - The cross-border RMB settlement volume in Zhejiang Province has set a new record, indicating strong growth in international trade and investment activities [1] - The significant portion of the settlement volume linked to the real economy suggests a robust economic environment and increased foreign investment in the region [1]

Core Insights - The implementation of cross-border RMB settlement has been significantly improved in Huangshan, with tailored services, simplified processes, and reduced costs, enhancing financial stability for enterprises [1] - The People's Bank of China (PBOC) Huangshan branch has initiated a "one enterprise, one policy" approach to address the specific needs of businesses, facilitating smoother cross-border transactions [2] - Two mechanisms, namely "information sharing and joint service" and "government-bank-enterprise" coordination, have been established to optimize the cross-border settlement ecosystem [3] - A "three-in-one" strategy involving collaboration among banks, government departments, and local state-owned enterprises has been implemented to expand and increase cross-border RMB settlement [4] - The PBOC Huangshan branch plans to continue enhancing financial services for cross-border RMB settlement to support more enterprises in their international operations [5] Group 1 - The PBOC Huangshan branch has developed a "collect-response-feedback" closed-loop mechanism to address the pain points of enterprises in cross-border settlements [2] - A local chemical company has successfully implemented a customized RMB dividend settlement process, achieving over 1 billion RMB in cross-border settlements from January to August 2025, a year-on-year increase of over 200% [2] - The establishment of priority service lists for top import-export enterprises has led to expedited processes and improved services for high-tech companies in Huangshan [3] Group 2 - The PBOC Huangshan branch has organized various promotional activities to enhance awareness and understanding of cross-border RMB services among over 300 enterprises [4] - A solar equipment export company has successfully signed a RMB settlement contract with a Pakistani firm, achieving 6.69 million RMB in settlements, marking it as the highest amount for a new client in 2025 [4] - The total volume of cross-border RMB settlements in Huangshan reached 1.467 billion RMB from January to August 2025, reflecting a year-on-year growth of 239.1% [4]

Core Insights - The use of cross-border RMB settlement is gaining traction among companies, with significant benefits in terms of efficiency and cost savings [2][3] - The People's Bank of China in Zhoukou has actively promoted cross-border RMB transactions, resulting in a historical high in transaction volumes [2][3] Group 1: Cross-Border RMB Settlement - Companies are increasingly adopting cross-border RMB for transactions, citing faster processes and lower costs as key advantages [2] - Zhoukou's cross-border RMB settlement amount exceeded 1.454 billion yuan, marking a year-on-year increase of 63.89% [2] - The local bank has implemented a targeted action plan to enhance cross-border RMB usage, focusing on potential enterprises [3] Group 2: Growth in New Enterprises - In the first eight months of the year, 17 new enterprises began using cross-border RMB, with transaction amounts surpassing 80.26 million yuan, a staggering increase of 382.4% [3] - Technology-oriented companies are leading the growth in cross-border RMB transactions, with tailored financial solutions being provided [3][4] Group 3: Future Outlook - The People's Bank of China in Zhoukou plans to continue optimizing cross-border RMB settlement services to support more companies in their international ventures [5]

Core Insights - The reform of cross-border RMB business facilitation is becoming a significant measure to empower high-quality development of enterprises and support the construction of a new development pattern [1][3] - The implementation of relevant policies has significantly improved the efficiency of cross-border capital flow for enterprises, effectively reducing operational costs and injecting strong momentum for the real economy to "go global" [1] Group 1: Cross-Border RMB Business Facilitation - A petroleum company in Dongying, Shandong, with a full industrial chain service capability in wellbore technology, has successfully completed the first cross-border RMB settlement for foreign contracting projects in Shandong Province, benefiting from the facilitation policies [1] - From January to July this year, the company processed RMB 360 million through the facilitation channel, achieving "same-day remittance and same-day receipt," greatly enhancing the efficiency of international business operations [1] - The process optimization has led to a significant reduction in the time required for single transactions from one working day to less than half an hour, improving capital turnover efficiency by over 60% [1] Group 2: Risk Management and Technology Empowerment - The bank implements "classified management" for enterprises, achieving precise and differentiated risk control, simplifying the review process for A-class enterprises while strengthening requirements for B and C-class enterprises [2] - A comprehensive management system covering pre-classification of clients, differentiated review during the process, and post-monitoring reports has been established to balance convenience and safety [2] - The deep application of financial technology has accelerated cross-border RMB settlement, with real-time settlement achieved for certain countries, significantly enhancing settlement efficiency and reducing exchange rate risks and transaction costs for enterprises [2]

Core Viewpoint - The Agricultural Bank of China Ningxia Branch is actively supporting the China-Arab States Expo by providing comprehensive financial services to enhance trade and economic exchanges between China and Arab countries, contributing to the Belt and Road Initiative [1][2]. Group 1: Financial Services and Support - The Agricultural Bank of China Ningxia Branch has signed a strategic cooperation agreement with the Ningxia Hui Autonomous Region Commerce Department in 2020 to establish a solid financial support system for foreign trade and investment [1]. - From January to July 2025, the bank achieved international settlements of 370 million USD, cross-border RMB settlements of 27 million RMB, and trade financing of 35 million RMB [1]. - The bank is focusing on showcasing trade financing, international settlement, cross-border RMB settlement, and global supply chain finance services during the expo to help enterprises overcome financial barriers in economic cooperation [2]. Group 2: Service Enhancements and Initiatives - The bank has mobilized a team of professionals to ensure comprehensive financial service support for the expo, implementing detailed plans and strict service protocols [1]. - It aims to provide flexible financing options and expedited approval processes for small and medium-sized enterprises with short-term funding needs, ensuring smooth project execution in line with the expo's economic matchmaking [2]. - The bank is enhancing its international settlement services by adding multilingual staff and service windows at key branches, as well as offering 24/7 emergency business consultations through online channels [2]. Group 3: Strategic Goals and Future Outlook - The Agricultural Bank of China Ningxia Branch is committed to leveraging its financial expertise to promote bilateral trade and capital flow, positioning Ningxia as a crucial financial service hub for the Belt and Road Initiative [2].

Core Insights - Foreign banks in China are undergoing significant changes, with over 30 branches closed since early 2025, indicating a strategic shift in their operations [1][2] - The focus is moving from traditional retail banking to high-end wealth management services, with flagship branches and private wealth management centers being established in core cities [1][3] Branch Closure and Restructuring - In 2025, 34 foreign bank branches closed, with Standard Chartered and Citibank leading in closures, shutting down 7 branches each [2] - HSBC has closed 27 branches since 2022, with 4 closures in 2025 alone, reflecting a trend of reducing physical presence in developed economic areas [2][3] Market Competition and Digital Transformation - Increased competition from domestic banks in retail banking has pressured foreign banks, leading to a decline in their market share in traditional savings [3] - The digital transformation is changing customer behavior, with a significant shift towards online banking, reducing reliance on physical branches [3][7] Focus on Central and Western Regions - Foreign banks are shifting their focus to China's central and western regions, where economic growth is outpacing the east, particularly in sectors like semiconductors and high-end manufacturing [3][4] - Standard Chartered opened its Hefei branch in April 2025, marking its first new provincial branch in nearly nine years [4] Cost Efficiency and Operational Changes - HSBC's flagship store in Chengdu is four times larger than traditional branches but has reduced operational costs by 40% [4] - The restructuring includes significant layoffs, particularly in Citibank's technology department, as part of a strategy to streamline operations and reduce costs [5][6] Strategic Shift to Wealth Management - Foreign banks are focusing on high-net-worth clients, with HSBC's flagship store achieving asset scales three times that of traditional branches [7] - The growth of wealth management services is supported by government policies that facilitate foreign banks' expansion in this sector [7][8] Digital Innovation and Green Finance - Digital innovation is a core strategy for foreign banks, with HSBC aiming to increase blockchain trade financing coverage from 35% to 70% [8] - Green finance initiatives are also being prioritized, with HSBC supporting climate solutions and Standard Chartered aiming for 30% of its loans to be green by 2030 [9] Conclusion - The transformation of foreign banks in China reflects a broader trend of moving from extensive physical networks to focused, high-value services, leveraging digital tools and targeting emerging markets in the central and western regions [10]

Core Viewpoint - The People's Bank of China has issued a notice to support cross-border RMB settlement for new foreign trade business models, aiming to enhance financial services for the development of these new business forms [1][5]. Group 1: Support for Cross-Border Settlement - The notice aims to facilitate better financial services for cross-border e-commerce, market procurement, offshore trade, and overseas warehouses, which have seen significant growth in recent years [1][2]. - In the first four months of this year, the scale of cross-border RMB payments for goods trade reached 2.2 trillion yuan, a year-on-year increase of 26%, accounting for 16% of total cross-border payments in goods trade [3]. - The China Export & Credit Insurance Corporation has supported new foreign trade business models with a total underwriting amount of 88.9 billion USD this year, indicating strong demand for risk coverage in the current international environment [10][11]. Group 2: Financial Institutions' Role - Financial institutions are encouraged to collaborate and provide convenient financial services to foreign trade enterprises with real transaction backgrounds, as outlined in the government's opinions [7][12]. - Agricultural Bank of China has actively promoted foreign exchange derivative transactions to help companies manage exchange rate risks, successfully facilitating a 200 million yuan forward foreign exchange transaction for a local fruit import company [2]. - China Merchants Bank has reported a 24% year-on-year increase in international trade settlement services and a 44% increase in import and export trade financing in the first four months of this year [7]. Group 3: Innovative Financial Products - Construction Bank has developed a dedicated product for cross-border e-commerce, allowing companies to efficiently manage their overseas sales funds [9]. - Xinyu Group has benefited from innovative financing solutions provided by banks, ensuring smooth capital turnover for its overseas subsidiaries amid challenges in accessing traditional financing channels [8]. - The introduction of various financial products aims to reduce costs and improve efficiency for cross-border enterprises, helping them expand revenue streams [4][9].

Core Insights - The financial statistics for Xiamen City in the first half of 2025 show steady growth in total financial volume, with significant increases in deposits and loans [2][3] Financial Performance - As of June 2025, the total balance of deposits in Xiamen reached 18.9 trillion yuan, a year-on-year increase of 9.74%, with an increase of 104.2 billion yuan since the beginning of the year [2] - The balance of loans in both domestic and foreign currencies was 19.8 trillion yuan, reflecting a year-on-year growth of 3.27% and an increase of 64.3 billion yuan since the start of the year [2] - The total social financing scale in Xiamen was 30,946.04 billion yuan, with an increase of 1,662.09 billion yuan since the beginning of the year, representing a year-on-year growth of 8.45% [2] Loan Distribution - The majority of new loans were directed towards production and operation sectors, with domestic enterprises receiving 785.49 billion yuan, accounting for 84.39% of all new loans [2] - The growth in technology and green loans significantly outpaced overall loan growth, indicating a shift towards supporting innovation and sustainability [3] Cross-Border Business - The cross-border RMB settlement volume in Xiamen reached 216.1 billion yuan, a year-on-year increase of 2.1%, with the majority coming from current account and direct investment settlements [3] - The proportion of cross-border RMB settlements under goods trade was 19.24%, an increase of 0.29 percentage points compared to the previous year [3] Financial Market Support - In the first half of 2025, Xiamen supported non-financial enterprises in issuing bonds worth 83.62 billion yuan in the interbank market, leading the province [4] - The implementation of a national credit information sharing platform for small and micro enterprises has facilitated over 1,200 companies in obtaining loans, with a total credit amount of 24.65 billion yuan [4] Policy Implementation - The People's Bank of China has implemented a series of monetary policy measures in Xiamen, releasing long-term liquidity of 3.114 billion yuan and reducing the interest rate on new loans by 0.18 percentage points [4] - The policies have particularly supported key areas such as technology innovation and elderly consumption, reflecting a targeted approach to financial support [4]

Core Viewpoint - The financial performance of Xiamen in the first half of the year shows steady growth and an optimized credit structure, significantly contributing to the high-quality development of the local economy [1][3]. Financial Performance - Xiamen's total financial volume has steadily increased, with a notable optimization in the credit structure [1][3]. - The implementation of a comprehensive monetary policy by the People's Bank of China in May has positively impacted Xiamen's financial landscape [3]. Credit Structure Optimization - Manufacturing loans have maintained rapid growth, while real estate loans have shown signs of recovery [3]. - There has been a continuous and rapid increase in technology loans, alongside strengthened support for green industries [3]. - Long-term operating loans for individual businesses and small micro-enterprises have increased year-on-year, demonstrating targeted financial support for microeconomic entities [3]. Policy Implementation - A total of 26.5 billion RMB in agricultural and small business re-loans and rediscounts were implemented in Xiamen during the first half of the year [3]. - Various policy tools, including technology innovation loans and carbon reduction support tools, have led to approximately 23 billion RMB in bank loans being issued [3]. Cross-Border Financial Services - Xiamen's cross-border RMB settlement volume reached 216.1 billion RMB, with 188 billion RMB related to the real economy, ranking first in Fujian Province [4]. - Over 1,054 quality enterprises benefited from trade and investment facilitation policies, and more than 1,200 small and micro enterprises received credit support exceeding 24 billion RMB [4]. Conclusion - The financial sector in Xiamen has focused on total growth and structural optimization, enhancing the quality of service to the real economy and laying a solid financial foundation for continued economic recovery in the second half of the year [4].