On October 28, the 2022 China Financial Development Forum initiated and organized by mainstream financial media Daily Economic News was successfully held, and the 13th China Golden Tripod Awards list was announced. Bank of China Sichuan Branch (hereinafter referred to as Sichuan Bank of China) has won the "Annual Financial Contribution Award for Serving the Real Economy and Finance" for its outstanding achievements in serving the development of the real economy in recent years.
" Golden Tripod Award " is an annual large-scale financial industry event hosted by Daily Economic News. It is set up in the fields of banking, insurance, trust, wealth management, etc. It has been successfully held for twelve sessions. In the past years' event selection, the organizers selected a group of high-quality benchmark enterprises that lead the future trends of the industry, dare to make breakthroughs and innovate, have excellent operating performance and have outstanding contributions to society based on the rigorous and scientific selection process, which has received the attention and recognition of major financial institutions in the industry.
Serving the real economy is the mission of finance and the purpose of finance. In recent years, Sichuan Bank of China has resolutely implemented the deployment of superiors. Under the unified deployment and guidance of the head office, relying on the advantages of the strategic development pattern of " One Body and Two Wings " in Bank of China Group, based on the new stage of regional development, focusing on the overall national and local strategic situation, tilting credit resources, accelerating financial innovation, continuously enhancing the ability to serve the real economy, constantly stimulating the vitality of the local economy, and writing the responsibilities and responsibilities of being a state-owned bank.
"vanguard" in the construction of double circles: trillions of investment and financing, helping the "fourth pole"
On November 24, 2020, Bank of China and Sichuan Provincial People's Government signed the " Chengdu-Chongqing Twin Cities Economic Circle Construction" comprehensive strategic cooperation agreement . According to the agreement, in the next five years, Bank of China will add no less than 100 billion yuan of intentional investment and financing support to Sichuan Province for the implementation of the "Chengdu-Chongqing Twin Cities Economic Circle", and make every effort to promote the construction of the Chengdu-Chongqing Twin Cities Economic Circle, and provide diversified financial support for the establishment of a new development pattern with the domestic circulation as the main body and the domestic and international circulation mutually promoting each other.
This is the mission coordinate that Bank of China, as a large state-owned bank, has been anchored in implementing its national strategy, and it is also a powerful action taken in helping the development of the real economy. Sichuan Bank of China, which has been deeply rooted in Sichuan and Sichuan for more than a hundred years, relies on the new development pattern of coordinated development of the head office of "one body and two wings", adheres to the mission of the state-owned operation, and is brave enough to be the main force of finance, and always resonates with regional development and moves side by side.
Focusing on the construction plan of the Chengdu-Chongqing Twin Cities Economic Circle and the Sichuan Province's "14th Five-Year Plan", Bank of Sichuan focuses on strengthening the supply of financial resources for key areas and major projects such as railways, highways, water conservancy, and hydropower. In 2022 alone, we fully supported highway projects such as Lushi, Jiuma, Yanjiang, and Luyong, railway projects such as Chengdu, Nan, and Xigui, and rail transit projects such as Dusi and Chengdu subway. We have increased our support for the construction of clean energy projects such as major hydropower and new energy power generation in the "Three Rivers" basin. We have invested nearly 30 billion yuan in total, and used sufficient credit funds to smooth the "main artery" of the two cities economic circle. As of the end of July this year, the bank's financing balance for the construction of major projects in Sichuan and Chongqing has exceeded one trillion yuan, an increase of nearly 100 billion yuan from the beginning of the year.
In the process of promoting the high-quality development of Sichuan Province's "5+1" modern industry, Sichuan Bank of China has also taken the initiative to take the lead and spared no effort. The Hive Energy (Suining) lithium-ion power battery project is a key investment promotion project in Sichuan Province and Suining City. After the project is completed and reached production, it is expected to achieve an annual output value of 20 billion yuan and drive more than 5,000 jobs. Under the coordinated promotion of the head office, Sichuan Zhong provides integrated financial service solutions to the company, including investment and financing. In 2021, Bank of China Investment , a subsidiary of Bank of China Group, led investments of 3.5 billion yuan in Honeycomb Energy's A round and 10.2 billion yuan in Series B round. In March this year, as the leading bank of the syndicate, Sichuan Bank of China completed the 2.5 billion yuan consortium formation in less than two months, effectively alleviating the financial pressure on project construction.
"bridgeman" to integrate the world: play the role of the main channel and assist Sichuan enterprises in global competition
In 2017, the "Overall Plan for China (Sichuan) Free Trade Pilot Zone" was announced, and the Sichuan Free Trade Zone was officially approved.In the historical journey of Sichuan's efforts to build an inland open economic highland, Bank of China, as the leading bank in China's globalization and integration, actively plays the role of a main channel bank for cross-border settlement of RMB 1 RMB and plays the role of a "bridgeman" for the integration of Sichuan enterprises and the world.
is implemented in the province's first market for enterprise NRA accounts in enterprises in free trade zones in the first free trade zone Forfaiting business , the first free trade zone cross-border RMB business , the first free trade zone multinational companies' foreign exchange funds centralized operation business, the first cross-border RMB funds centralized operation business after the implementation of the new policy for cross-border funds centralized operation of multinational companies, and the first domestic peers' domestic letter of credit based on the "one-order" blockchain model of railway waybills and buyers' foreign exchange financing business... In the process of supporting the construction of Sichuan Free Trade Zone and escorting enterprises to "go global", Sichuan Bank of China took the lead in making efforts and achieved many firsts. After being approved as the first pilot bank in the province to facilitate transactions in the current account trade foreign exchange income and expenditures in 2020, as of the end of August this year, the bank has handled a total of more than US$1.3 billion in trade facilitation business.
Since 2014, Sichuan Bank of China has held many large-scale docking and promotion activities in China, Poland, China and France, China and Israel to help Sichuan enterprises "seamlessly connect" overseas markets, technology and partners and participate in global competition. Since 2022, relying on the professional advantages of globalization, Sichuan Bank of China has provided international trade settlement services over US$15 billion and cross-border RMB settlement services over 10 billion to more than 3,000 import and export enterprises in the province, with a coverage rate exceeding 60% of the entire market. It has also opened the first "one-order" letter of credit under the China- Laos railway project, realizing the "four flows in one" of commodity flow, logistics, information flow and capital flow.
is not just an outward-oriented enterprise, but Bank of Sichuan is also very concerned about the "capillaries" of economic operation and strongly supports the development of small and micro enterprises. In order to alleviate the difficulties of enterprises during the epidemic, the bank integrates internal and external data, innovates and uses big data, cloud computing and other technologies, and actively promotes diversified and specialized financial products such as "Huiruyou·Bank-Enterprise E-loan", "Huiruyou·Credit Loan", "Huiruyou·Bank and Tax Loan", "Huiruwan·Bank and Tax Loan", "Huikuan Loan", "Rent Loan", "Water, Electrical and Gas Loan", and helps all kinds of small and medium-sized enterprises to help small and micro enterprises solve their difficulties and make them bigger and stronger. As of the end of July this year, the bank's inclusive small and micro enterprise loans grew by 34.69%, and more than 600 million yuan in general small and micro loans received delayed assistance, with a cumulative reduction of fees and concessions of about 230 million yuan this year.
"Cultivator" of rural revitalization: water the financial water and burst out with vitality in the fields
Fresh, sweet and crisp Meishan kimchi, fragrant and tender Jianyang mutton, fragrant Panzhihua mango , rich and fragrant Ziyang green pepper... These famous Sichuan geographical indications and specialty agricultural products are constantly bringing income and hope to local farmers every day. However, few people know that the reason why these characteristic industries are revitalized is inseparable from the strong support of the Sichuan Bank of China’s “Beautiful Rural Loan” characteristic product system. This is a brilliant conclusion written by Bank of China on the field answer sheet for Sichuan’s rural revitalization.
Farming and important foundation, the outline of the country. For a long time, the Bank of Sichuan has focused on local characteristics and key industries, and has successively compiled industrial work promotion plans for Sichuan tea , Sichuan grain and oil, and Sichuan medicine , guiding the subordinate institutions to implement the "one county, one policy" to improve the service system, vigorously support modern agricultural industry projects, leading agricultural enterprises and their chain enterprises, formulated the "Beautiful Rural Loan" business service plan, continuously improve the accuracy of financial services, and promote the vigorous growth of modern agricultural industries.
After the release of document of the Central Committee and Sichuan Provincial Party Committee in 2022, Sichuan Bank of China has strengthened top-level design, improved mechanism construction, subdivided industrial fields, built characteristic scenarios, strengthened technological empowerment, and refined product innovation to help rural revitalization and county-level financial development.As of the end of February this year, the bank has invested 485 million yuan in Beautiful Country Loan, including 127 million yuan in Breeding Loan, 98.56 million yuan in Planting Loan, 7.5 million yuan in Tea Merchants Loan, and 21.8 million yuan in Agricultural and Tourism Loan, and plans to further launch a series of products such as "Beautiful Country Loan·Grain and Oil Loan", "Beautiful Country Loan·Cattle and Sheep (Animal and Poultry Forage) Loan", "Beautiful Country Loan·Sichuan Medicine Loan", "Beautiful Country Loan· Cold Chain Logistics Loan".
In terms of the loan interest rates of the "Beautiful Country Loan" special product series, Sichuan Zhong implements differentiated pricing for agricultural entities, and implements 100BP FTP discounts for newly issued inclusive agricultural loans; and implements 20BP FTP discounts for poverty alleviation loans, national leading agricultural industrialization enterprises, rural infrastructure construction, and national key counties for rural revitalization assistance.
At the same time, Sichuan Bank of China strengthens technological empowerment and provides a technology engine for high-quality development of rural revitalization through digital construction. The bank has innovatively launched the " Bank-Tax Interactive " online quota and credit model, opened up the data sharing channel between the Taxation Bureau system and the Zhida system, and the "10+3" modern agricultural industry operators have achieved instant payment and instant loan review; created the " Agricultural Big Data + Internet Finance " new agricultural support model, and launched more low-interest rates and sustainable inclusive agricultural pure online financial products. At the same time, strengthen business cooperation and data sharing with core leading enterprises to realize the digitalization, precision, convenience and inclusiveness of financial services in the agricultural industry chain.
Use financial power to serve the real economy and promote social development. On the new journey, Sichuan Bank of China has the "bigest thing in the country" and continues to move forward with its head held high.
"We will make efforts and contributions to the high-quality development of the whole bank with an indomitable fighting attitude and a never-slackening spirit." A relevant person in charge of Sichuan Bank of China said that the bank will focus on studying, publicizing and implementing the spirit of the 20th National Congress of the Communist Party of China, focus on overcoming difficulties, strengthen responsibility, and transform learning results into a powerful driving force for doing a good job in all work, complete all tasks assigned by the superior bank without fail, do a good job in this year's conclusion and next year's plan and layout work, and deliver a satisfactory development answer. Text/Jin Hao
Daily Economic News
