The first "dual -license" bank in the country settled in Qianhai

Recently, the reporter learned from the Qianhai Administration that with the approval of the China Banking Regulatory Commission, Daxin Bank uses "allowing foreign banks to set up a subsidiary and branch in China at the same time". Shenzhen Branch, which means that the first "dual -card license" overseas banks in the country have officially settled in Qianhai.

Daxin Bank settled in Qianhai. Following the CEPA framework, the country's first consumer finance company, the nation's first Hong Kong -owned public fund company, and the nation's first Hong Kong -owned holding securities company, etc., settled in Qianhai. Another major breakthrough obtained is one of the specific actions of Qianhai to enhance the functional window function of the national financial industry to open to the outside world.

The picture is provided by Qianhai Administration

Financial innovation attracts Hong Kong -owned banks to settle down

Wang Zuxing, Managing Director and Chief Executive Officer of Daxin Bank, introduced that Daxin Bank has been deeply cultivated in the development of business in Mainland China, especially in the innovation and development of the Guangdong -Hong Kong -Macao Greater Bay Area, and continuously enhances the comprehensive strength of Hong Kong, Macau and Mainland China. Qianhai is building a Shenzhen -Hong Kong International Financial City at high standards, facing international large financial institutions, foreign financial institutions, and digital financial institutions to build functional gathering areas, promote the establishment of financial systems that connect with international rules, and make every effort to build the Greater Bay Area Finance The living circle of livables and affords, which is a living, is an important reason why the bank chooses to settle the Shenzhen branch to Qianhai.

"After the release of the" Comprehensive Deepening of the Reform and opening up of the Qianhai Shenzhen -Hong Kong Modern Service Industry Cooperation Zone "last year, various supporting policies for Qianhai have been launched. It can be tried first and other fields, and cross -border financial innovation can be practiced. Qianhai's development prospects are better and more attractive. "Wang Zuxing said that Daxin Bank will rely on Qianhai's cross -border financial advantages to use innovation" dual -card licenses. "Resources continue to optimize the quality of cross -border service and product portfolio, and provide high -quality banking services for the Mainland and Hong Kong and Macao cross -border enterprises and small and medium -sized enterprises.

As a Hong Kong -funded bank, Daxin Bank established a Chinese office in Shenzhen in 1993 and registered the Shenzhen Branch in 2004. Since then, it has been approved by the China Banking Regulatory Commission and restructured the original Shenzhen Branch to a wholly -owned legal person bank. In August 2008, Daxin Bank established Daxin Bank (China) Co., Ltd. in Shenzhen as a wholly -owned legal person bank in the Mainland. At present, Daxin Bank (China) Co., Ltd. has branches in Shenzhen, Shanghai, Nanchang, Zhenjiang and Guangzhou.

The three major "advance" leading finance is open to the outside world

The "Qianhai Plan" mentioned that "the implementation of policies and measures that support the development of the country's expansion of the financial industry to the outside world have been implemented in the Qianhai Cooperation Zone". In the past year, a series of financial innovation policy measures have been landed in Qianhai. Through three "advance", Qianhai became the "leading runner" of the national financial industry to open, reform and innovation.

On the one hand, first trial cross -border financial innovation policies. For example, the nation's first batch of local and foreign currency bank account pilots took the lead in landing in Qianhai, and 8 banks in Qianhai participated in the first batch of pilots in the country's first batch of foreign currency unity bank accounts. The nation's first batch of multinational companies' domestic and foreign currency integrated funds pool business pilots took the lead, and Qianhai high -quality multinational companies such as Zhongji and Skyworth became the first batch of pilot objects.

On the other hand, explore the cross -border use of RMB first. The Bank of China Qianhai Snaphling Branch took the lead in piloting two digital RMB personal cross -border payment scenarios. Support Shenzhen Qianhai Joint Trading Center to build a offshore agricultural product spot trading market, successfully launch soybean spot varieties, and realize that large -scale commodity cross -border transactions are priced and settled by RMB. Qianhai Enterprises have initially established a two-way cross-border trade electronic document business interactive system for import and export. The international settlement time can be reduced from 10-15 days to 1 day.

In addition, the real economy serves the real economy in advance. Shenzhen's local credit reporting platform is settled in Qianhai, effectively integrates credit data resources, and achieves full coverage of more than 3.8 million commercial entities in Shenzhen, helping enterprises to effectively solve credit financing problems. During the epidemic period, local financial institutions accurately serve small and medium -sized enterprises in the epidemic. Qianhai commercial factoring enterprises have accumulated over trillite financing for millions of small, medium and micro enterprises to support the stable supply chain of the industry chain.

Shenzhen -Hong Kong financial cooperation accelerate interconnection

Adjacent to the Global Financial Center of Hong Kong is the natural advantage of deepening reform and opening up in Qianhai, which means that Qianhai shoulders the mission of exploring the coordinated development of Guangdong -Hong Kong and Hong Kong. Since the release of the Qianhai Plan. The development space of Hong Kong's financial industry in the Mainland has been further expanded. In 2021, Qianhai launched the construction of Shenzhen -Hong Kong International Financial City to provide 4 million square meters of industrial space for financial institutions such as Hong Kong capital. Exploring the practice of "government guidance, industry co -governance, Shenzhen -Hong Kong sharing" model, 190 financial institutions signed contracts, of which about 30%of Hong Kong capital and foreign capital account for about 30%. Relying on the financial urban industry carrier, it has created the country's first Shenzhen -Hong Kong supply chain financial innovation base. 34 Shenzhen -Hong Kong supply chain financial head institutions have settled in, with a total output value exceeding 15 billion yuan.

On the other hand, cross -border capital two -way circulation channels have further expanded. After the pilot of the "Cross -border Wealth Management" pilot of the Guangdong -Hong Kong -Macao Greater Bay Area, the single business of 12 banks was taken the lead in Qianhai. In China, the proportion of cross -border income and expenditure with Hong Kong accounted for more than 80 %. Qianhai's cross -border two -way investment and financing continued to be active, gathering more than 110 QFLP management companies, of which 90 % of the enterprises have Hong Kong -funded background.

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