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Back|Shantou releases "Ciyuan Overseas Loan": Financial empowerment new business formats to help the development of digital industry clusters
Shantou releases "Ciyuan Overseas Loan": Financial empowerment new business formats to help the development of digital industry clusters
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中国新闻网·52 minutes ago·Business·2 min read·🇨🇳China·

Shantou releases "Ciyuan Overseas Loan": Financial empowerment new business formats to help the development of digital industry clusters

Shantou's "Ci Yuan Goes Overseas" financial empowerment matchmaking conference was held, and the exclusive inclusive financial service plan was officially launched

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  • On September 14, Shantou held the “Ciyuan Going Overseas” financial empowerment matchmaking meeting and officially launched the “Ciyuan Going Overseas Loan”.
  • In view of the asset-light and cross-border operation characteristics of Ciyuan's overseas enterprises, this plan incorporates digital operating indicators into the credit system, aiming to solve the financing problems of small, medium and micro enterprises and help build an AI computing power service export industry cluster.

AI-generated summary

Why It Matters

Shantou is an international submarine cable landing station, and its international export bandwidth accounts for more than 52% of the country's total. The city is committed to creating a cooperation channel of "industry + overseas Chinese businessmen + digital overseas expansion".

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China News Service, Shantou, Guangdong, September 14 (Reporter Li Yiqing) Focusing on the development needs of new business formats such as the word industry, intelligent computing power, and digital trade overseas, "Industry and finance join hands to develop blue oceans" Ciyuan goes overseas and starts a new journey" - Shantou "Ciyuan goes overseas" financial empowerment matchmaking conference was held in Shantou, Guangdong on the 14th. At the meeting, the exclusive inclusive financial service plan "Ciyuan overseas loan" was officially released, opening up financing channels for Shantou Ciyuan overseas enterprises that adapt to the characteristics of the new business format.

According to the relevant person in charge of Shantou Branch of Bank of China (hereinafter referred to as "Bank of China"), this plan aims at the common characteristics of Ciyuan's overseas enterprises such as insufficient asset-light mortgage and high cross-border operating capital turnover pressure. It incorporates digital business indicators such as corporate operating income, Ciyuan purchase volume, computing power service contract value, overseas order flow, and cross-border accounts receivable into the core credit evaluation system.

Relying on Bank of China's global cross-border financial advantages, the bank accurately adapts to the financing needs of companies supplying CiYuan computing power, CiYu sales platform companies, CiYu application overseas companies, and related companies that provide supporting products or services for the industrial chain. Among them, it supports integrated cross-border financial services of "financing + cross-border + hedging + compliance" to provide enterprises with professional support such as facilitated cross-border settlement, trade financing, and foreign exchange compliance guidance.

At the meeting, the first special credit grant of "Ciyuan Overseas Loan" was successfully implemented. At the same time, relying on the government-bank-enterprise docking platform, five companies have reached credit extension intentions.

As one of China's two large-scale international submarine cable landing stations, Shantou's international export bandwidth accounts for more than 52% of the country's total, making it a natural "digital highway" for Ci Yuan to go to sea. As the first pilot city of "Laidu processing" in Guangdong Province, Shantou Overseas Chinese Economic and Cultural Cooperation Pilot Zone has opened up a full-link cooperation channel of "industry + overseas Chinese businessmen + digital overseas".

At present, a large number of small, medium and micro enterprises in computing power production, platform operation, and AI application overseas are rapidly gathering. Shantou's introduction of finance into the new business format of Ciyuan going overseas will solve the financing problems of small and micro enterprises in the new format and help the city build an industrial cluster for exporting Ciyuan overseas and AI computing power services.

Open Questions

  • ?List of the first batch of companies to receive credit and specific amounts
  • ?The interest rate discount for this loan program

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This article was originally published by 中国新闻网.

Quick Look

  • On September 14, Shantou held the “Ciyuan Going Overseas” financial empowerment matchmaking meeting and officially launched the “Ciyuan Going Overseas Loan”.
  • In view of the asset-light and cross-border operation characteristics of Ciyuan's overseas enterprises, this plan incorporates digital operating indicators into the credit system, aiming to solve the financing problems of small, medium and micro enterprises and help build an AI computing power service export industry cluster.

AI-generated summary

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中国新闻网
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Published
52 minutes ago
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Shantou
Ci Yuan goes to sea
Financial empowerment
Shantou
Li Yiqing
Lin Dasen
Bank of China Shantou Branch
Shantou Overseas Chinese Economic and Cultural Cooperation Pilot Zone
Shantou, Guangdong
Ci Yuan goes to sea
Financial empowerment
Inclusive finance
Computing power
digital trade

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