The first financial pilot of "RMB capital export and trade return", the first cross-border remittance business under the "single window", and the first tariff guarantee under bonded goods pledge in Shandong Free Trade Zone... Qingdao Area of Shandong Free Trade Zone (hereinafter referred to as "Qingdao Free Trade Zone") In the five years since its establishment, Bank of China Qingdao City Branch (hereinafter referred to as "Qingdao Bank of China") has launched innovative businesses one after another, which has effectively stimulated the vitality of market entities and provided strong financial support for the development of Qingdao Free Trade Zone.

On the occasion of the 5th anniversary of the establishment of the Qingdao Free Trade Zone, Bank of China of Qingdao signed a strategic cooperation agreement with the Qingdao Free Trade Zone Management Committee, and banking-government cooperation expanded into new fields. As a "test field" for deepening reform and opening up, the Qingdao Free Trade Zone has become an important engine for economic development in Qingdao. Bank of China Qingdao conscientiously implements the relevant requirements of the strategic cooperation agreement between the Qingdao City Government and the Head Office of the Bank of China, grasps the business opportunities of the "Free Trade Zone Improvement Strategy" under the new situation and new requirements, deeply integrates into the regional development strategy of the Qingdao Free Trade Zone, vigorously develops free trade zone business, comprehensively provides free trade zone financial services, and contributes Bank of China to the high-quality economic and social development of the island city.

conspiring together to "grand pattern"-opening a new situation in banking-government cooperation

The vigorous development of the business in the Qingdao Free Trade Zone marks a new milestone in the opening up of the island city's economy to the outside world. Bank of China Qingdao strives to give full play to its global advantages and comprehensive characteristics, focuses on the development priorities of the Qingdao Free Trade Zone, and fully supports the Qingdao Free Trade Zone in building a high-level institutional open demonstration zone, a high-energy emerging industry cluster zone, and a high-standard business environment model zone. Provide more high-quality and efficient comprehensive financial services for the development of the Qingdao Free Trade Zone.

Improve mechanism construction. Create a four-level service system of "head office-municipal branch-secondary branch-franchised branch". As a "cross-border financial characteristic branch", the free trade zone branch will provide enterprises with cross-border financial services such as trade financing, guarantees, and cross-border investment and financing. Business processing efficiency has been greatly improved. The Sino-German Ecological Park Sub-branch will be built into a "Science and Technology Finance Sub-branch", focusing on providing financial services throughout the life cycle for technology-based enterprises in the Qingdao Free Trade Area. The entire process of credit approval will be a "green channel" to write a solid article on science and technology finance. Strengthen top-level design. Formulate the "Action Plan for High-Level Two-Way Opening of Service Finance of Bank of China Qingdao City Branch", strive to build the preferred bank and free trade financial consultant for financial services in the Free Trade Zone, and provide "intellectual integration" services for the development of free trade business. Actively participate in the construction of the free trade zone innovation laboratory, implement and promote a number of financial pilot tasks and innovative products, fully demonstrate BOC's cross-border financial expertise, continue to maintain its first-time advantages in financial innovation and achieve the expansion and efficiency of innovative products. Build a strong communication platform. Bank of China Qingdao has joined forces with the Customs, the Qingdao Free Trade Zone Management Committee, Commerce Bureau and other departments to deeply integrate into the development of the free trade zone. The Joint Free Trade Zone Management Committee held a number of presentations on cross-border RMB, foreign exchange facilitation, exchange rate hedging, and RCEP special interpretation. From the professional perspective of banks, more policies that benefit enterprises and enterprises will be transmitted to enterprises in the zone in a timely manner., provide enterprises with interpretation of the "Belt and Road" policy and supporting financial support, and use practical BOC actions to become integrators of "going global" financial services for enterprises.

Dare to venture into the "experimental field"-cultivate new advantages in foreign trade competition

On the coast of the Yellow Sea and Jiaozhou Bay, ships travel frequently, and maritime transportation is a busy scene. In the digital warehouse of bulk commodities in the Qingdao Free Trade Area, thousands of tons of goods imported from overseas are neatly and orderly stacked in digital positions.

The Qingdao Free Trade Zone is an important transit base for bulk commodities such as iron ore and crude oil in the country. In order to support bulk trading enterprises in the free trade zone to expand overseas markets, Bank of China Qingdao has increased loan support for enterprises 'production and operation, opened green approval channels for credit business in key regions, and solved corporate financing problems. So far, it has opened a total of enterprises in the zone. Cross-border RMB import letters of credit exceeded 1.5 billion yuan, meeting the diversified needs of enterprises in different trade scenarios and striving to smooth new paths for trade development.

"By opening cross-border RMB import letters of credit, the efficiency of cross-border settlement of funds has been greatly improved and the integrated development of upstream and downstream supply chains and industrial chains has been effectively promoted. The facilitation policy directly reaches the actual needs of enterprises and supports enterprises to embark on the 'fast lane' of high-quality development." The person in charge of a port international trade group in Shandong said.

As the main front for international cooperation, the free trade zone is being transformed into "seeds" to support high-quality development. In terms of exploring and promoting the facilitation of export collection, Bank of China Qingdao is the first to promote the "Direct Account of Cross-Border Inward Remittances" service, providing full-process automatic processing services for cross-border inward remittances under trade in goods and services. Enterprises enjoy "seconds" level collection service, accounts are closed on holidays, effectively saving the company's "sole cost" and improving the company's sense of experience and satisfaction. Giving full play to its unique advantages and helping the coupled development of "aviation trade funds" have begun to show results, especially in FDI registration and actively serving key government investment projects. Since its establishment, the Qingdao Free Trade Zone has completed the completion of nearly 40 enterprises in the zone. Capital registration supports enterprises to introduce foreign resources to meet domestic demand, and also allows China's manufacturing to "chain" to the world and promotes the improvement of quality and efficiency of foreign trade business.

Be brave as the "vanguard"-create new driving force for high-quality development

Qianwan Port Area has a continuous flow of cargo transportation; integrated circuit park, scientific and technological research and development is intensifying; within Chuangchuang Inn, characteristic neighborhoods attract young entrepreneurs to gather-dynamic pictures depicting the vibrant and enterprising scene of the Qingdao Free Trade Zone. Against the background of optimizing new productivity and transforming old and new kinetic energy, the transformation and upgrading of enterprises are inseparable from financial support. Funds achieve precise drip irrigation, and enterprise development will become more dynamic.

Walking into the Northeast Asia Aquatic Products (Processing) Trading Center, in the fully automated elevated three-dimensional cold storage, cold chain products are automatically controlled by computers and enter and exit immediately. As the largest cold chain logistics base in Qingdao and surrounding areas, it integrates the entire cold chain industry and builds a comprehensive cold chain logistics park integrating meat, aquatic product storage, processing and other functions, creating a new benchmark for the port cold chain logistics industry. Bank of China Qingdao has created a financial service plan for one chain, one policy, and one district, one policy. By continuously optimizing the allocation of financial resources, it has given resource tilt in terms of approval efficiency, credit scale, settlement rates, etc., and approved a total of 550 million yuan in credit for the construction of enterprise logistics bases., using high-quality financial services to support the development of new productive forces.

On this basis, we actively support key industrial clusters to extend, supplement, strengthen and fix the chain in response to the tourist groups of enterprises, and provide enterprises with 50 million yuan in Supply Chain Finance support, helping enterprises from cold chain warehousing to upstream channels. Comprehensively open up, promote the accelerated breaking of new technologies, new products, and new tracks, and help the industrial development in the free trade zone move towards "new".

Against the background of optimization of new quality productivity and transformation of old and new kinetic energy, Bank of Qingdao focuses on the five functional positioning of modern ocean, international trade, shipping logistics, modern finance, and advanced manufacturing in the free trade zone, providing integrated circuits, park construction and development, and private enterprises in the zone. Financing support is nearly 5 billion yuan, providing nearly 500 million yuan in inclusive financial loan support to more than 100 private small and micro enterprises in the zone, and actively assisting the transformation and upgrading of enterprises in the free trade zone. Through measures such as broadening financing channels, optimizing approval processes, and improving support systems, we will continue to support enterprises that transform old and new momentum and improve the supporting role of finance in enterprise development.

Climb high at the tide and hit the oar, and the boundless scenery lies ahead. In the next step, Bank of China Qingdao will fully support the construction of the Qingdao Free Trade Zone's international innovative pilot zone, the construction of an international energy free trade port, modern industrial development, green and low-carbon development, and high-level opening up to the outside world. With the power of finance, it will provide more high-quality and efficient comprehensive financial services for the development of the Qingdao Free Trade Zone, write the article "Free Trade Practice in Building a Financial Power" with the help of finance, and make new Bank of China contributions to Qingdao's high-quality construction of an international shipping center.