Core Insights - The National Foreign Exchange Administration has upgraded the cross-border financial service platform to enhance financing support for small and micro enterprises, introducing new features such as the "Small and Micro Insurance Easy Policy Financing" [1][2] - Agricultural Bank of China Shanghai Branch successfully implemented the first application of this financing scenario for a small micro enterprise engaged in lamp exports, addressing its need for working capital to expand overseas [1] Group 1 - The upgraded platform aims to alleviate financing difficulties faced by small and micro enterprises by expanding the types of insurance that can be supported for policy financing [1] - The collaboration between the Agricultural Bank of China, insurance companies, and enterprises has led to a tailored financing solution for the small micro enterprise [1] - The use of the cross-border financial service platform allows for real-time information sharing among the enterprise, bank, and insurance, improving the efficiency and accuracy of business reviews [1] Group 2 - The cross-border financial service platform has been continuously enhanced to facilitate enterprise settlement and financing while providing digital tools for banks to serve the real economy and manage risks effectively [2] - The Agricultural Bank of China Shanghai Branch plans to further utilize the platform to expand its customer base and optimize business processes, aiming to provide a better cross-border financial experience for more enterprises [2]