There are many highlights in the financial services special exhibition of the fair. Financial institutions help "six stabilities" and "six guarantees" to show their talents.

As one of the eight special exhibitions of the 2020 Fair, the financial services special exhibition attracted more than 150 domestic and foreign financial institutions to participate in online and offline exhibitions. At the exhibition, the three major policy banks, commercial banks, insurance companies, trust companies, securities companies and other financial institutions showed their talents in implementing the requirements of the "six guarantees", increasing the precise supply of finance, helping the basic stability of foreign trade, and giving full play to financial technology, which fully demonstrated the powerful force of China's financial services to ensure economic development.

Press the "acceleration button" for the enterprise to resume work and production.

At the exhibition, various financial institutions have come up with "transcripts" to help enterprises around improving financing availability and reducing financing costs.

Policy banks play an important role in consolidating the foundation of manufacturing industry. The implementation of the "six guarantees" and "six guarantees" requirements put forward by the Export-Import Bank shows that the bank has set up the first phase of 50 billion yuan of special relief funds focusing on manufacturing loans. By the end of June this year, the bank's manufacturing loan balance had increased by 12.23% compared with the beginning of the year, and more than 100 enterprises had been included in the bail-out list, with bail-out funds exceeding 20 billion yuan.

State-owned banks give full play to the role of "head geese" to help enterprises resume work and production. At this exhibition, China Construction Bank Beijing Branch set up a "Centralized Anti-epidemic Area" to show its series of measures and achievements in supporting the real economy and serving the overall situation of "six stabilities" and "six guarantees". In the first half of this year, the bank lent 225.3 billion yuan to customers such as manufacturing, infrastructure projects and private enterprises, and continued to reduce fees and make profits to small and micro enterprises. By the end of June, the annual interest rate of new inclusive loans for small and micro enterprises had decreased by 5 1 basis point compared with the beginning of the year, and the accumulated interest of small and micro enterprises had been reduced by 77 million yuan, and the assessment and insurance costs had been reduced by10.00 million yuan.

"The financing of small and medium-sized enterprises should be solved through equity investment. In this regard, trust has certain advantages. " Yan, Party Secretary and Chairman of Everbright Trust, said that Everbright Trust is currently building angel investment funds, venture capital funds, industrial investment funds and high-tech enterprise incubation funds, hoping to help SMEs solve the "pain points" of financing.

Cross-border finance helps foreign trade enterprises "go out to sea"

At the end of 20 19, China Construction Bank took the lead in launching the "Global Matchmaker" intelligent matchmaker platform, which supports the release and accurate matching of business opportunities for cross-border projects, services and commodities. There was an outbreak at the beginning of this year, and the "global matchmaker" showed her talents. CCB Beijing Branch released 7 13 pieces of import and export information of registered enterprises 1690 through this platform, and successfully matched 8.48 million pieces of urgently needed epidemic prevention materials abroad, with a transaction amount exceeding 65.438 billion yuan. In addition, it also provides a package of comprehensive financial service solutions, including payment and settlement, to help enterprises expand their global "circle of friends" and stabilize foreign trade growth.

Cross-border service is the "golden signboard" of China Bank. At this exhibition, visitors can get a close look at the advantages and characteristics of China Bank's cross-border financial business. For small and micro foreign trade enterprises that are under great financial pressure and seriously affected by the epidemic, BOC's cross-border matchmaking service has solved the problems of small and medium-sized enterprises in introducing technology or selling export products by building an information platform for global small and medium-sized enterprises' investment cooperation and exchange, helping them to better go international and integrate into the global value chain.

In order to help foreign trade enterprises explore new paths and modes of transformation and upgrading, financial institutions have resorted to "eighteen martial arts". At this exhibition, the cross-border financial business exhibited by financial institutions attracted the audience to stop and watch.

At the exhibition site, Bank of Communications displayed nearly 200 cross-border financial products, innovative solutions and highlight services. Among them, "Bank of Communications Cross-border E-finance" has created a one-stop flagship platform for cross-border finance for foreign-related enterprises to innovate. The relevant person in charge of the bank said that compared with the peer-to-peer electronic platform, "cross-border e-finance of Bank of Communications" not only integrates the functions of general online banking, but also integrates offshore business and free trade zone business. The platform also provides channels for import and export trade, cross-border investment and financing, free trade zones and overseas enterprises.

In order to solve the business "pain points" such as slow document circulation, difficult identification of false trade background and asymmetric information, ICBC has set up the first cross-border trade blockchain platform based on multimodal transport "one single system" in the national free trade zone, realizing multi-party data sharing, mutual trust and mutual recognition among logistics, banks and enterprises, and monitoring cross-border trade throughout the process, which has played a positive role in supporting the inclusive financing of SMEs.

Science and technology set up the "highway" of financial services

The sense of science and technology, futurity and interaction are the audience's personal feelings. In this exhibition, artificial intelligence, virtual reality, blockchain and other technologies are no longer the concept of "high above", and LED video, multimedia interaction, VR display and other diverse presentation methods have brought the audience a new experience of immersive financial services. State-owned banks such as Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank and Bank of Communications, as well as many financial technology companies such as Ant Financial, Tencent and JD.com made their debut on the same stage, demonstrating their scientific and technological strength in helping enterprises go global.

In the section of "Science and Technology Leading Financial Service Innovation", Bank of Beijing displayed its characteristic product "Jingxin Chain". The innovation of this supply chain product in financial online, digital and scene meets the "non-contact" financing needs of enterprises and promotes "stabilizing enterprises and ensuring employment" by means of financial technology.

Through the incubation of "Finance+Scenarios", the "Smart Financial Service Platform" of Bank of Communications quickly launched more than 20 financial products in the Internet industry, including property management, medical management, pension management, religious management, smart parks and fee management, with more than 4,000 online corporate customers. Build a biometric platform, and access multi-mode authentication means such as face, fingerprint and voiceprint to 120 business scenarios.

The Export-Import Bank combines big data to innovate financial services for small and micro enterprises, explores and designs direct loan products for development zones and foreign trade integrated service platforms where small and micro enterprises gather, and continuously expands the pilot of direct loan business for small and micro enterprises. By the end of June 2020, the bank's loan balance of small and micro enterprises increased by 43.2 billion yuan compared with the beginning of the year, benefiting more than 46,000 enterprises; During the year, the interest rate of new small and micro enterprise loans and the interest rate of small and micro enterprise terminal funds achieved "double decline".

The deep application of financial technology has also made the global financial markets more closely integrated. "The development of financial technology has promoted financial openness. The financial industry should deepen its efforts in the field of service trade and cultivate the international competitive advantage of China's financial service trade." Huo, Party Secretary and Director of Beijing Local Financial Supervision Administration, said that in the future, giving full play to the role of financial technology in cross-border financial services will promote the interconnection of global financial markets.