Innovation Breakthrough Look at Shandong Financial Articles ｜ The country's cross -border RMB business is growing rapidly

In recent years, the People's Bank of China Jinan Branch has continuously strengthened cross -border RMB business policy promotion and business promotion, focused on the member states of Shanghai Cooperation Organization, and vigorously promoted the development of cross -border RMB business in Shandong Province and the member states of the SCO Organization.

In the first eight months of this year, the business volume of the national cross -border RMB of Shandong Province and the SCO Organization was 2.127 billion yuan, an increase of 255.12%year -on -year; The average level is 13.7 percentage points.

Taking the China -Shanghai Cooperation Organization Local Economic and Trade Cooperation Demonstration Zone as the platform, the People's Bank of China Jinan Branch strengthened policy propaganda. By formulating business promotion plans and the production of "cross -border RMB business policy fingertips" and other methods to promote enterprises in the jurisdiction The development of cross -border RMB business in member countries and regions, organizing key corporate policy training and promotion conferences, a total of 546 companies participated, and 187 new transaction opponents countries were the companies of SCO members.

Organize banking financial institutions to visit key enterprises for "one -to -one" to promote the settlement of cross -border trade. Shandong Shangshun Chemical Co., Ltd. exports 8 million US dollars such as Russia and other chemical products such as rubber anti -agent. As of the end of August, the company's export of cross -border RMB to Russia increased by 587.8%year -on -year. In response to the characteristics of the number of crude oil imports enterprises in the House of People's Bank of China, the Lord of the CITIC Bank Dongying Branch actively promoted 17 cross -border RMB trade with Guangrao Kelida Petrochemical Technology Co., Ltd. and Uzbekistan, with a amount of 1.396 billion yuan, which effectively promoted effectively. A cross -border trade RMB settlement in the commodity field in the jurisdiction and the SCO countries.

Actively guide financial institutions to use the RMB cross -border payment system (CIPS) to collect foreign exchange. By guiding financial institutions to add CIPS system training in business training, it is convenient for enterprise customers to understand the advantages of the CIPS system, and actively recommend the CIPS system to collect foreign exchange. Related enterprises have maintained normal business relationships with countries such as Russia and other countries through the CIPS system, and successfully fulfill their foreign trade contracts. Essence

(Reported by Wang Xinlei, a reporter from Volkswagen Daily)

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