China Industrial and Commercial Bank of China Beijing Branch has taken various measures to support Internet companies to help build a new development pattern of dual cycle.

In order to thoroughly implement the spirit of the national leader's speech of "promoting the formation of a new development pattern with domestic macro-cycle as the main body and domestic and international dual-cycle promoting each other", ICBC Beijing Branch has taken active actions to provide one-stop comprehensive financial services for more than 20 Internet companies in e-commerce logistics, news and information, smart transportation, culture and education, support the continuous expansion of business scale, promote domestic consumption and help build a new development pattern with dual-cycle.

Full set of products and services

Promote consumption cycle

A domestic e-commerce leader is a long-term cooperative customer of ICBC Beijing Branch. During the epidemic period, ICBC immediately approved the issuance of epidemic loans for enterprises and invested in its epidemic prevention and control bonds, which strongly supported the enterprise's epidemic prevention and control material support. Subsequently, the bank further deepened its cooperation with enterprises in settlement, financing, online funds and personal funds, greatly increased the credit line, provided full-product financial services for enterprises and their platform consumers and merchants, supported the development of the industrial chain, met the needs of all parties, and actively promoted the consumption cycle.

Scene cooperation

Explore innovative models

Digital economy is an important aspect of helping the double cycle. The application of artificial intelligence, big data and other technologies can further enhance the development momentum and form new growth poles. ICBC Beijing Branch has carried out extensive cooperation with leading Internet companies in the fields of news, information and intelligent transportation. Provide diversified financing support such as "on-balance sheet+off-balance sheet" and "commercial bank+investment bank" to serve the development of enterprises. At the same time, combined with the individual needs of enterprises, we have deeply explored the scenario-based collaborative innovation model, organically integrated financial business products with enterprise technology scenarios, effectively solved the "pain point" demand, continuously improved customer service efficiency, and contributed to economic development through financial and technological empowerment.

The relationship between government, banks and enterprises

Deepen financial poverty alleviation

A unicorn enterprise in the domestic fresh e-commerce industry is a quality customer of ICBC Beijing Branch. The enterprise provides working capital loans and convertible bonds to support, effectively helping enterprises to expand procurement. At the same time, it helps enterprises to carry out poverty alleviation cooperation with Wanyuan Municipal Government of Sichuan Province, purchase local agricultural products, expand the product categories of enterprises, and increase the income of local poor people. In addition, the bank uses its own e-commerce platform to help more merchants in poor counties open stores online and broaden sales channels. Through the linkage of government, banks and enterprises, we will effectively deepen financial poverty alleviation and achieve win-win results for all parties.

In the next step, ICBC Beijing Branch will continue to closely follow the national policy guidance, continuously increase financial support for high-quality Internet enterprises, continuously strengthen business cooperation, actively meet domestic demand, help build a new development pattern of dual circulation, and promote the high-quality development of China's economy.