Core Points - The article discusses the successful implementation of a new cross-border financing policy in Ningbo, China, aimed at supporting high-tech enterprises and enhancing their international competitiveness [1][2] Group 1: Policy Implementation - The State Administration of Foreign Exchange (SAFE) issued a notice detailing nine measures to deepen cross-border investment and financing reforms, including increasing the financing limits for high-tech and specialized small and medium-sized enterprises [1] - The new policy eliminates the requirement for financial reports, thereby reducing the compliance costs for enterprises and facilitating their access to cross-border financing [1] Group 2: Bank's Response - China Bank's Ningbo branch promptly organized training and client outreach activities to educate potential clients about the new policy and assess market needs [2] - The bank provided tailored financing solutions to a foreign-invested high-tech enterprise facing challenges in securing project funding, streamlining the application process and promoting local financing subsidies [2] Group 3: Future Plans - The Ningbo branch of China Bank plans to continue leveraging its global and professional advantages to promote various facilitation measures and enhance foreign exchange reform services [2]