Core Insights - The article highlights the increasing role of Beihai, Guangxi, in regional economic cooperation as China deepens its financial opening towards ASEAN countries since 2025 [1] - The Industrial and Commercial Bank of China (ICBC) Beihai Branch is actively contributing to this initiative by leveraging its expertise in foreign exchange services [1] Group 1: Cross-Border Financial Services - ICBC Beihai Branch has processed 21 corporate cross-border payment transactions amounting to over 16.35 million USD and 26 personal cross-border payment transactions exceeding 150,000 USD as of March 2025, covering countries like Vietnam, Malaysia, Thailand, Singapore, and Indonesia [1] - The branch has established a "Hui Xiao Er" foreign exchange service team to provide tailored solutions for cross-border settlements and currency risk hedging, successfully facilitating 4 cross-border payments totaling 11.54 million USD for an energy company [2] Group 2: Financial Product Innovation - The bank is promoting a "cross-border financial blockchain service platform" to meet the diverse financing needs of enterprises, having provided 5 million RMB in cross-border blockchain financing for Malaysian export companies as of March 2025 [3] - A rapid financing approval process has been implemented, exemplified by a 120 million RMB credit approval for a company importing from Thailand [3] Group 3: Financial Knowledge Dissemination - ICBC Beihai Branch is enhancing financial literacy among enterprises to improve their risk management capabilities, offering personalized services and policy interpretations to businesses engaged in trade with ASEAN countries [4] - The branch has established various service areas for foreign exchange policy consultation and has created online channels to share financial policies and market updates [4] Group 4: Future Directions - The bank plans to seize opportunities from ASEAN's financial opening by optimizing foreign exchange processes and enhancing financial service quality to support regional economic development [5]