Shenzhen Banking Regulatory Bureau jointly issued five aspects of measures to support foreign trade to maintain stability and improve quality

As an export -oriented economic city, Shenzhen has ranked first in large and medium -sized cities across the country for 29 consecutive years. It is of great significance to stabilize Shenzhen's foreign trade. In order to further increase financial support and promote the quality and improvement of foreign trade, the Shenzhen Banking and Insurance Bureau studied and formulated the "Implementation Opinions on the Insurance Industry Insurance Industry Insurance Industry to Support the Institute of Foreign Trade" (hereinafter referred to as the "Implementation Opinions"), and and with the same as The Shenzhen People's Bank, the Municipal Commerce Bureau, and the Municipal Finance Bureau jointly issued.

The "Implementation Opinions" proposes five aspects of 20 work requirements: first, to stabilize the main body of the foreign trade market, help SMEs to relieve difficulties, and support leading enterprises to do excellence and strong; second, strengthen foreign trade and financial services in key areas, increase increase Financial support for key projects, industries, and regions; the third is to cultivate a new model of foreign trade formats, support the transformation and upgrading of traditional industries, and accelerate the development of new formats such as cross -border e -commerce, foreign trade comprehensive uniforms, and market procurement trade; fourth, optimize foreign trade finance Products, strengthen exchange rates, improve the level of convenience of cross -border settlement, and promote digital transformation; Fifth, strengthen organizational management, and put forward specific requirements for risk management, data governance, propaganda guidance, and organizational guarantee.

It is understood that in recent years, the Shenzhen Banking Regulation Bureau has promoted the expansion of financial supply to the foreign trade industry, and continued to inject financial momentum for Shenzhen's foreign trade stability and innovative development. As of the end of July 2022, the balance of foreign trade loans in Chinese banks within its jurisdiction was 908.38 billion yuan, an increase of 24.1%from the beginning of the year, and a higher growth rate of 18.4 percentage points higher than the average loan. %. From January to July, the export credit insurance insured amount was US $ 46.87 billion, an increase of 64.9%year-on-year, and the service supporting enterprises exceeded 24,000.

In the next step, the Shenzhen Banking Insurance Regulatory Bureau will increase its work synergy, and unite the banking insurance industry in the Shenzhen People's Bank of China, the Municipal Commerce Bureau, and the Municipal Finance Bureau to improve the quality and efficiency of financial services in the banks. Points to provide strong and effective financial guarantees for the promotion of foreign trade's stability. (Text, picture/Jiang Jiayuan Shenzhen Bankbone)

Source | Yangcheng Evening News · Yangcheng School

Responsible editor | Zhu Jiale

School Delivery | Zhu Xiaoming

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