The central bank and other seven departments: promote a series of cross-border financial service facilitation measures such as trade settlement, and promote the strengthening of domestic circulation
2025-08-05 08:01:45
On August 5th, the People's Bank of China and other seven departments jointly issued the "Guiding Opinions on Financial Support for New Industrialization". The "Opinions" require support for the transformation and upgrading of traditional industries and the cultivation and expansion of emerging industries. Improve the credit management mechanism and financial product services related to industrial transfer in the central and western regions, promote the aggregation and professional development of financial resources to industrial clusters, and promote a series of cross-border financial service facilitation measures such as trade settlement, fund management, investment and financing. Support the rational layout of industries and expand development space, and promote the strengthening of domestic circulation.
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