Core Viewpoint - The article emphasizes the importance of "stabilizing foreign trade and foreign investment" as a crucial support for economic stability, highlighting Zhejiang Commercial Bank's proactive approach in aligning with national strategies to enhance international circulation and promote trade innovation [1][4]. Group 1: Cross-Border Financial Services - Zhejiang Commercial Bank has introduced five innovative cross-border financial services, including global accounts and settlement, integrated liquidity financing, one-stop investment and financing services, immersive foreign exchange trading, and scenario-based foreign trade services, to support foreign trade enterprises in international markets [1][8]. - During the 14th Five-Year Plan period, the bank provided over $17,000 billion in cross-border settlement services and over $7,000 billion in exchange rate hedging services, along with a cross-border financing balance exceeding 150 billion yuan [3]. Group 2: Addressing Challenges for SMEs - A survey indicated that small and medium-sized foreign trade enterprises are increasingly seeking efficient and low-cost payment settlement processes due to frequent export trade transactions, particularly in new foreign trade models involving numerous small transactions [3]. - The bank has responded to the needs of enterprises expanding into emerging markets like ASEAN, the Middle East, and Africa by launching innovative services such as global collection and cross-border easy collection, which enhance collection efficiency and reduce costs [3][5]. Group 3: Cross-Border Asset Pool Innovation - Zhejiang Commercial Bank has developed a "cross-border asset pool" to facilitate efficient credit connection between domestic and overseas subsidiaries, addressing the financing challenges faced by companies like YN Technology, which has expanded internationally but struggled with local financing due to insufficient asset and credit history [5][6]. - The bank provided 38 million yuan in funding support to YN Technology's overseas subsidiary through this innovative service, demonstrating the effectiveness of the cross-border asset pool in enhancing business processing efficiency [6][7]. Group 4: Comprehensive Support for Global Operations - The bank's comprehensive cross-border financial service capabilities are designed to meet the full chain of foreign trade enterprise needs, offering a one-stop, immersive support system that includes specialized products for settlement and financing [8]. - The services are interconnected, forming a financial backbone that supports enterprises in their global operations, with a focus on customer-centric approaches and alignment with national strategies for international trade development [8].

Core Viewpoint - The article emphasizes the importance of stabilizing foreign trade and foreign investment as key supports for economic stability, highlighting Zhejiang Commercial Bank's proactive measures to align with national strategies for expanding international circulation and promoting trade innovation [1]. Group 1: Cross-Border Financial Services - Zhejiang Commercial Bank has introduced five major cross-border financial services, including global accounts and settlement, integrated liquidity financing, one-stop investment and financing services, immersive foreign exchange trading, and scenario-based new foreign trade services, to support foreign trade enterprises in international markets [1]. - During the 14th Five-Year Plan period, Zhejiang Commercial Bank provided over $17,000 million in cross-border settlement services and over $7,000 million in foreign exchange risk hedging services, along with a cross-border financing balance exceeding 150 billion yuan [1]. Group 2: Addressing Challenges for SMEs - A survey targeting small and medium-sized foreign trade enterprises indicates a growing demand for efficient and low-cost payment settlement processes, particularly for new foreign trade models involving numerous small transactions [2]. - Zhejiang Commercial Bank has responded to the challenges faced by enterprises expanding into emerging markets like ASEAN, the Middle East, and Africa by launching innovative services such as global collection and cross-border easy collection, which enhance collection efficiency and reduce costs [2]. Group 3: Cross-Border Asset Pool Innovation - The case of YN Technology, which has expanded its international operations, illustrates the need for efficient and low-cost financing support as it faces challenges in obtaining financing for its overseas subsidiaries due to their short establishment time and lack of credit history [3][5]. - Zhejiang Commercial Bank provided 38 million yuan in funding support to YN Technology's overseas subsidiary through an innovative "cross-border asset pool" service, which allows for efficient credit connection between the parent company and its subsidiaries [5]. Group 4: Comprehensive Support for Global Operations - Zhejiang Commercial Bank has developed a systematic cross-border financial service capability to address the full chain of foreign trade enterprise needs, offering a one-stop, immersive support system [7]. - The five major services are interconnected, enhancing the overall efficiency of fund utilization for enterprises and aligning with the national strategy to promote trade innovation and international circulation [7].

Core Insights - The article emphasizes the role of financial institutions, particularly Zhejiang Commercial Bank, in supporting the real economy and national development through innovative financial services [2][3]. Group 1: Financial Support for the Real Economy - Zhejiang Commercial Bank has served over 500,000 small and micro enterprises during the "14th Five-Year Plan" period, with a loan scale growth of 133% [3]. - The bank has provided over 160 billion yuan in cross-border financing for foreign trade enterprises [3]. - The bank's commitment to "finance for the people" reflects its strategic focus on supporting the real economy and national development [2][3]. Group 2: Technological Innovation and Support - The "Talent Bank" service launched by Zhejiang Commercial Bank in 2016 focuses on evaluating technology companies based on their talent and innovation rather than traditional collateral [7]. - The bank has supported over 35,000 technology enterprises with a financing balance exceeding 460 billion yuan as of September 2025 [10]. - The case of Wuhan Heyuan Biotechnology Co., Ltd. illustrates the bank's innovative approach to financing, providing critical support for its research and development [8][10]. Group 3: Rural Development and Poverty Alleviation - Zhejiang Commercial Bank has implemented a "3386 model" to support local economies and agricultural projects, facilitating access to finance for rural entrepreneurs [14][16]. - The transformation of Taohou Village from poverty to a model of shared prosperity showcases the bank's impact on rural development [11][18]. - The bank has served 780,000 small enterprises, with over 2.8 trillion yuan in small loans disbursed, significantly contributing to poverty alleviation efforts [16][18]. Group 4: Support for Foreign Trade - Zhejiang Commercial Bank has provided over 1.6 trillion yuan in cross-border financing, enhancing the efficiency of payment and settlement processes for foreign trade enterprises [23]. - The bank's innovative services, such as the "cross-border asset pool," have enabled efficient financing for companies like YN Technology, facilitating their international expansion [22][23]. - The bank's commitment to supporting foreign trade aligns with national strategies to stabilize and grow international trade [19][23].

Core Viewpoint - Lin Jingran, Vice President of Zhejiang Commercial Bank and President of Shanghai Branch, emphasizes the integration of financial services with social responsibility and the development of the real economy, aiming to create a "first-class commercial bank" through innovative and comprehensive financial solutions [3][4]. Group 1: Financial Services and Social Responsibility - "Good finance" is a distinctive label of Zhejiang Commercial Bank, focusing on reshaping financial service models to prioritize social value and support the real economy [4]. - Lin Jingran leads initiatives in technology finance, green finance, inclusive finance, pension finance, and digital finance, aligning with the central government's direction to enhance financial services for the real economy [5][6]. - The Shanghai Branch has established a financial advisory team to serve as "financial family doctors" for enterprises and local governments, enhancing the bank's social image through various public welfare activities [6]. Group 2: International Financial Center Development - The Shanghai Branch is actively contributing to the construction of the Shanghai International Financial Center by enhancing international business and supply chain finance services [7][8]. - Lin Jingran views international business as a key connector between global capital and the Chinese market, focusing on cross-border settlement and offshore financing [7]. - The bank's supply chain finance initiatives support the integration of financial services across the Yangtze River Delta, providing efficient financing solutions for small and micro enterprises [8].