Central Bank's foreign trade growth 11 opinions: support for cross-border settlement of RMB
2025-10-09 09:24:02
In response to the "Several Opinions of the General Office of the State Council on Supporting Stable Growth of Foreign Trade" (Guo Dang Fa [2014] No. 19), the People's Bank of China has issued detailed guidance aimed at strengthening support for foreign trade and promoting its sustainable development. This comprehensive directive targets major financial institutions, including the National Development Bank, policy banks, state-owned commercial banks, joint-stock commercial banks, and China Postal Savings Bank.
The key points of the guidance include expanding financing channels for enterprises by encouraging innovation in financial products and services. Institutions are urged to leverage tools such as export credit insurance, liquidity loans, factoring, and discounted bills to better serve small and medium-sized enterprises (SMEs) and foreign trade service providers. Additionally, the guidance supports the issuance of non-financial corporate debt instruments to enhance access to capital.
The role of policy-based finance is emphasized, with a focus on increasing support for SMEs through preferential loans and simplified procedures. Financial leasing is also encouraged, especially for large equipment imports and exports, while non-bank financial institutions are invited to explore new funding sources like issuing financial bonds.
Cross-border RMB settlement processes are streamlined, allowing banks to handle current account and direct investment transactions more efficiently, based on the principles of "know your customer," "know your business," and "due diligence." Multinational companies are also permitted to conduct centralized RMB fund operations, which can help optimize cash management and reduce transaction costs.
Personal cross-border trade in RMB is now supported, enabling individuals to engage in goods and service trade using RMB. Payment institutions are encouraged to collaborate with banks to provide seamless RMB settlement services for e-commerce and other cross-border transactions.
Credit information systems for foreign trade enterprises are being developed to improve transparency and facilitate better access to financial services. The RMB exchange rate mechanism is further refined to ensure stability and market-driven adjustments, while a broader range of hedging tools is introduced to help businesses manage currency risks effectively.
Finally, the guidance promotes comprehensive financial support for enterprises seeking to expand globally, including cross-border M&A, syndicated loans, and overseas bond issuances. These measures aim to strengthen China’s global economic presence and support long-term growth in foreign trade.
All branches of the People's Bank of China are instructed to disseminate this guidance to relevant financial institutions within their regions.
People's Bank of China
June 11, 2014
Prefabricated K house are structurally sound and will last a long time!
Prefabricated K house are a kind of Prefabricated House. It uses light steel as the skeleton and sandwich panels as wall panels. It only needs to determine the design and basic area requirements, so the rapid construction of such container houses is also the same. All guaranteed. Moreover, standard accessories are used for later assembly, which can make reasonable use of space, and each part is intended to be connected by bolts, which is also very good in terms of practicability. Moreover, its material quality is high, its long-term reliability is guaranteed, and its stability is also very good.
Material safety is guaranteed
The prefabricated K-shaped house is a new type of light steel composite board house. It uses color steel, light steel and other materials for construction, and it is also very convenient to install. Moreover, its steel plates have a certain thickness, even if it is an earthquake of magnitude 7 or above, it can also ensure stability, and there is no need to worry that it cannot be used in some harsh environments. Therefore, even in some earthquake disaster areas, etc., such houses can also be used, and the safety is still very guaranteed.
Overall construction cost is lower
Compared with ordinary houses, the construction cost of prefabricated K-type houses is still very favorable. Because sandwich panels are generally used, the materials can be recycled, and the repeated disassembly and installation of the house, and the second use are also guaranteed. This can effectively reduce construction waste, and achieve the effect of energy saving and environmental protection. Moreover, this type of house has a long service life and can be reused many times, so its cost performance is also good.
High construction efficiency
Prefabricated K house and Prefabricated T House only needs to have a good basic design, so the construction can be completed quickly. The construction team only needs to complete the construction according to the drawings, and the house construction can be carried out quickly. Moreover, the interior decoration is simple, and generally some light decoration materials can be selected, which can not only save the overall decoration and construction costs, but also ensure that the house can be put into use quickly, and the reliability of use is also guaranteed.
Prefabricated K house are a kind of Prefabricated House. It uses light steel as the skeleton and sandwich panels as wall panels. It only needs to determine the design and basic area requirements, so the rapid construction of such container houses is also the same. All guaranteed. Moreover, standard accessories are used for later assembly, which can make reasonable use of space, and each part is intended to be connected by bolts, which is also very good in terms of practicability. Moreover, its material quality is high, its long-term reliability is guaranteed, and its stability is also very good.
Material safety is guaranteed
The prefabricated K-shaped house is a new type of light steel composite board house. It uses color steel, light steel and other materials for construction, and it is also very convenient to install. Moreover, its steel plates have a certain thickness, even if it is an earthquake of magnitude 7 or above, it can also ensure stability, and there is no need to worry that it cannot be used in some harsh environments. Therefore, even in some earthquake disaster areas, etc., such houses can also be used, and the safety is still very guaranteed.
Overall construction cost is lower
Compared with ordinary houses, the construction cost of prefabricated K-type houses is still very favorable. Because sandwich panels are generally used, the materials can be recycled, and the repeated disassembly and installation of the house, and the second use are also guaranteed. This can effectively reduce construction waste, and achieve the effect of energy saving and environmental protection. Moreover, this type of house has a long service life and can be reused many times, so its cost performance is also good.
High construction efficiency
Prefabricated K house and Prefabricated T House only needs to have a good basic design, so the construction can be completed quickly. The construction team only needs to complete the construction according to the drawings, and the house construction can be carried out quickly. Moreover, the interior decoration is simple, and generally some light decoration materials can be selected, which can not only save the overall decoration and construction costs, but also ensure that the house can be put into use quickly, and the reliability of use is also guaranteed.
Prefabricated K House,Custom Duplex House,Prefabricated Mobile House
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