On April 6th, the "Cross-border RMB Support for Titanium Industry Development" government-bank-enterprise matchmaking meeting was jointly sponsored by Baoji Titanium Industry Association, Baoji Municipal Industry and Information Bureau Titanium Industry Development Promotion Center, and Baoji Central Branch of the People's Bank of China, and undertaken by China Merchants Bank Baoji Branch Successfully held.
Zhao Yang, deputy director of the Foreign Affairs Department of Xi'an Branch of the People's Bank of China, and Feng Jinchao, director of the Titanium Industry Development Promotion Center of the Municipal Bureau of Industry and Information Technology, attended the meeting. Bank of China, Agricultural Bank, Chang'an Bank, Baoji Branch of China Merchants Bank and more than 20 member companies of the association The person in charge of foreign business attended the meeting.
At the meeting, relevant comrades from Xi'an Branch of the People's Bank of China, Bank of China, Agricultural Bank of China, Chang'an Bank, and Baoji Branch of China Merchants Bank discussed the cross-border RMB policy framework, new foreign exchange regulations, international market, trade and investment facilitation, and product system characteristic services. After a comprehensive interpretation, the site also answered questions raised by enterprises in terms of exchange rate preservation, inclusive loans, and settlement financing.
Executive Vice President Li Guangqin expressed his gratitude to the financial institutions participating in the meeting. He pointed out that cross-border use of RMB not only helps companies effectively avoid exchange rate risks, but also helps companies expand financing channels and reduce financial costs. Enterprises should Business and financial needs gradually increase the use of cross-border RMB settlement. The association will also increase relevant policy publicity in the future work, formulate a list of key potential corporate customers, guide banks to deeply understand the needs of enterprises, and provide comprehensive financial service support for enterprises. Help the enterprise to go far and steadily, and contribute to the high-quality development of the titanium industry.
Finally, for the "2023 China Titanium Valley International Titanium Industry Expo" to be held on the 19th-22nd of this month, Li Guangqin hopes that the majority of member companies can actively participate in the discussion of new opportunities and new trends in the development of the titanium industry, further promote industrial upgrading, and promote integration Development, to create the future of titanium. At the same time, we also sincerely invite friends from the financial industry to come and guide, care about the development of the titanium industry, sincerely cooperate, and win-win in both directions!
The participating companies fully affirmed the results of this meeting, and believed that through this matchmaking, companies will have a comprehensive understanding of relevant government support policies and cross-border RMB business, and at the same time strengthen their awareness of exchange rate risks, and prepare for future exchange rate risks for companies. management and provide important support for stable operation.
