On July 3, the Information Office of Liaoning Provincial People’s Government held the eighth press conference of the series titled “Promoting High-Quality Development of Enterprises”. The Industrial and Commercial Bank of China Liaoning Branch, the Agricultural Bank of China Liaoning Branch, the Bank of China Liaoning Branch, and the China Construction Bank Liaoning Branch introduced the progress they made in accelerating high-quality development.

The Bank of China Liaoning Branch has fully unleashed the strengths of foreign exchange and foreign trade as the main channels. Through measures such as establishing cross-border cash pooling, promoting trade and investment facilitation, and digital services, it has improved the efficiency of business transactions and facilitated cross-border fund settlements for enterprises. As of the end of June, a total of 2,578 enterprises have completed cross-border settlements amounting to 10.65 billion dollars, an increase of 17.1% year-on-year.

The China Construction Bank Liaoning Branch has deepened the integration of local and foreign currency operations, directly formulating plans, designing products, and serving customers, which effectively meets the comprehensive needs of key industrial clusters and “going global” enterprises in terms of local and foreign currency. By the end of June, the balance of international loans reached 61.8 billion yuan, a growth of 23% compared to the beginning of the year.

The Industrial and Commercial Bank of China Liaoning Branch has strengthened product innovation, matching suitable products for technology-based enterprises at different stages of development and realizing the first disbursement of loans supported by the re-lending for technological innovation policy in the province. As of the end of June, the balance of loans for national high-tech enterprises reached 7.6 billion yuan, an increase of 1.5 billion yuan.

The Agricultural Bank of China Liaoning Branch has continued to deepen its services for the integrated industrial development in rural areas. It has promoted the “overall credit granting for industrial clusters” model in each county of the province, achieving rapid and batch lending. In the first half of the year, the net increase in rural industry loans amounted to 4.23 billion yuan, which was 1.7 times higher than the same period last year.