On June 17, the governments of Sichuan and Chongqing jointly held the Global Investment Promotion Conference of the Chengdu-Chongqing Twin Cities Economic Circle with the theme of "Jointly Building a Twin Cities Economic Circle and Sharing New Opportunities for Development", which was the first time in the history of Sichuan-Chongqing investment promotion. Bank of China Sichuan Branch (hereinafter referred to as Bank of China sichuan) as the only financial institution to participate in the whole process, to help Sichuan and Chongqing jointly speak out.
On June 27, the first flight of Tianfu International Airport, which was supported by the Bank of Sichuan, was supported. The "Divine Bird" has just grown up, and the twin cities have joined hands to move towards the "fourth pole" of China's economy in the new era.
On July 8th, the CIIE with the theme of "Deepening the Introduction to Serve the Double Cycle" was held in Chengdu. The event was co-sponsored by the Ministry of Commerce and the People's Government of Sichuan Province, co-hosted by the China International Import Expo Bureau, the Sichuan Provincial Department of Commerce and the Sichuan Provincial Bureau of Economic Cooperation, and exclusively supported by the Bank of China, the only strategic partner of the Expo, once again acting as a cross-border "red bride" and linking the global "circle of friends".
2021 is the year when the "Outline of the Planning for the Construction of the Twin Cities Economic Circle in the Chengdu-Chongqing Region" is fully implemented. In the midst of the ups and downs, the Bank of Sichuan has earnestly practiced the historical mission of "integrating the world and benefiting the society", giving full play to the role of the state-owned large bank as the "main force" and "vanguard", and drawing a new financial "picture" that will help the construction of the "twin cities" of Chengdu and Chongqing into a new financial picture.
Strong Motivation to Sprinkle the "Heavy Ink" of Local Construction
Financial activity, economic activity; financial stability, economic stability. It is the natural mission of finance to show new deeds in the service and integration into the new pattern of local development. On the historical journey of building an "economic circle" and singing a "Tale of Two Cities", the Bank of China in Sichuan has always focused on the development of the real economy, taken the initiative to dock with local realities, dipped in financial "living water", and helped wave the "big stroke" depicting the high-quality development of Sichuan and Chongqing.
In November 2020, in order to thoroughly implement the major decision-making and deployment on the construction of the Twin Cities Economic Circle in the Chengdu-Chongqing Region, the Bank of China and the People's Government of Sichuan Province signed the "Comprehensive Strategic Cooperation Agreement on the Construction of the Twin Cities Economic Circle in the Chengdu-Chongqing Region", which plans to add no less than 1 trillion yuan of intentional investment and financing support for Sichuan to promote the implementation of the "Chengdu-Chongqing Area Twin Cities Economic Circle Construction" in the next five years. The head office of the Bank of China also studied and issued the Action Plan for the Bank of China to Support the Construction of the Twin Cities Economic Circle in the Chengdu-Chongqing Region, focusing on serving the real economy and using financial strength to promote the realization of the strategic positioning goal of the Chengdu-Chongqing Twin Cities Economic Circle.
The Bank of Sichuan actively implements the action plan of the head office, makes full use of the resources and support of the head office, establishes a co-construction and sharing mechanism with the Chongqing branch, carries out all-round and three-dimensional coordination and cooperation, and promulgates a number of policies such as the common action plan, business development safeguard measures, credit granting guidelines, etc., to guide the whole jurisdiction to actively integrate into the construction of the Chengdu-Chongqing Twin Cities Economic Circle, and accelerate the implementation of the cooperation agreement signed between the head office and the Sichuan Provincial Government. Since the beginning of this year, the Bank of Sichuan has supported local economic development and the construction of the Twin Cities Economic Circle in the Chengdu-Chongqing region, with nearly 300 billion yuan of new investment and financing funds, and signed the "14th Five-Year Plan" strategic cooperation agreement with the governments of the key areas of the Chengdu-Chongqing Twin Cities - Sichuan-Chongqing Gaozhu New Area, Yibin City and other places; actively served the Chengdu Metropolitan Railway, Chenglan, Chenggui, Chengdu-Chongqing Passenger Line, Hambanan Intercity Railway, Dusi Railway and other railway projects; Chengyi, Baguangyu, Tianfu Airport Expressway, Zitong, Lushi, Yanjin, Luyong, Dehui Expressway and other highway projects. Help smooth the "arterial blood vessels" of the "economic circle" of the twin cities.
Show advantages to spread the "broad world" to the world
Sichuan, located in an inland basin, has never rested on its laurels. With the in-depth advancement of the "Belt and Road" initiative, the country of Tianfu has stepped into the forefront of opening up, and the level of export-oriented economic development has been continuously improved.
On September 16th, the 18th Western China International Expo with the theme of "New Era in China, New Opportunities in Western China" was held in Chengdu, attracting more than 50,000 guests from 66 countries and regions. Bank of China Sichuan Branch, as the only financial institution in the "Belt and Road" Cooperation Pavilion, showcased a series of exploration results and practices of digital transformation, financial innovation and service quality improvement, which received attention and praise from all walks of life.
As one of the leading commercial banks in China in terms of globalization and integration, Bank of China has deeply embraced the gene of openness, has gone abroad for nearly a hundred years, and its overseas institutions cover 61 countries and regions, with unique advantages in terms of resources, experience and degree of specialization.
With advantages, nature shoulders a glorious mission. Over the years, relying on the globalization and comprehensive advantages of BOC Group, Boc Sichuan has actively integrated into the overall situation of national and regional opening up, centered on the characteristics of Sichuan's industry, continued to play the role of "vanguard" of the "Belt and Road" financial business, and built an inland open economic highland for Sichuan to "transfuse" and "hematopoiesis".
At the "Expo into Sichuan" investment promotion matchmaking meeting in July this year, Bank of China not only supported the entire process as the only strategic partner of the Expo, but also set up an online matchmaking sub-venue, attracting nearly 100 expo exhibitors and institutions in China from 19 countries (regions) including the United States, Germany, Singapore and so on, and more than 60 groups of foreign enterprises conducted online discussions, involving wholesale and retail, equipment manufacturing, aerospace, automobile manufacturing, construction, food processing, etc. After 43 rounds of exchanges, 28 cooperation intentions were reached, with an intention amount of more than 10.7 billion US dollars. Since 2014, BOC Sichuan has held a number of large-scale docking promotion activities such as China-Poland, Sino-French, Sino-German and China-Israel, helping Sichuan enterprises to "seamlessly connect" overseas markets, technologies and partners and participate in global competition.
This year marks the 4th anniversary of the listing of the China (Sichuan) Pilot Free Trade Zone. From the "many firsts" 4 years ago to take the lead in supporting the construction of the Sichuan Free Trade Zone, to the Chengdu Railway Bureau to land the first domestic letter of credit and the buyer's foreign exchange financing business under the railway waybill "one single system" blockchain model, which was included in the results of the "Belt and Road" International Cooperation Summit Forum, the Bank of China in Sichuan has always been "close" and "intimate" with the development of the free trade zone, "opening the way" and "building a road" for reform and innovation.
At present, the pilot project of facilitating trade foreign exchange receipts and payments is an important measure for the Sichuan Branch of the State Administration of Foreign Exchange to further promote the reform of "decentralization and management of services", do a solid job in the "six stability" work, fully implement the "six guarantees" task, and support the high-quality development of The open economy in Sichuan Province. Bank of Sichuan is the first approved current account trade foreign exchange payment facilitation pilot bank in the province, and successfully handled the first batch of pilot business in the province for three pilot enterprises in the province, so that enterprises can enjoy the foreign exchange policy dividends for the first time, at present, the pilot has been extended to the same industry in the province, in the first nine months of this year, Sichuan Bank of China has handled more than 1.7 billion US dollars in the pilot business of trade foreign exchange payment facilitation.
On Sichuan's journey to the global "broad world", the footsteps of the Bank of China's pioneers have always been sonorous.
Courage to innovate Outline a new blueprint for low-carbon development
In the green and picturesque land of Sichuan and Shu, the Yalong River, Jinsha River and Dadu River are magnificent and rushing, and hydropower stations are scattered, and rich hydropower resources have laid the foundation for Sichuan's "green" development.
From the Jinsha River Yinjiang Hydropower Station to the Dadu River Waterfall Gou Hydropower Station, in the construction of major hydropower station projects in Sichuan, the "blood transfusion" empowerment of the Bank of China has never been absent. Promoting the low-carbon and zero-carbon transformation of enterprises and helping to achieve the goal of "carbon peaking and carbon neutrality" has never been a slogan for the Bank of Sichuan.
In July 2021, Bank of China, as the lead underwriter and bookrunner, successfully issued the first phase of the 2021 targeted green debt financing instrument (carbon neutral bond) for a large energy enterprise with an issue amount of 900 million yuan, which is the first directional green debt financing instrument (carbon neutral bond) in China.
Sichuan Investment Energy Co., Ltd. is one of the largest clean energy suppliers in Sichuan and Chongqing, and has made important contributions to the implementation of the local requirements of "carbon peaking" and "carbon neutrality". As early as 2020, BOC Sichuan successfully issued the first green private debt of a provincial state-owned enterprise for the company.
Since the beginning of this year, the Bank of China has closely followed the development plan of Sichuan Sichuan Investment Energy Co., Ltd., provided publicity services for many times, and after learning that the company has capital needs, tailored exclusive service solutions according to the company's business needs and actual situation, and finally obtained bond issuance qualifications as the lead underwriter. In the stage of bond preparation, The Bank of Sichuan simultaneously sorted out the project situation, communicated the carbon neutral labeling matters with the relevant industry associations at the first time and was recognized by the association, and successfully labeled the bond as a carbon neutral bond, which also became the first carbon neutral bond issued by the Bank of Sichuan in the national industry, and handed over the first answer sheet in the field of helping the development of local green finance.
The issuance of the first carbon neutral bond is not unique. The Bank of Sichuan implements the requirements of the green finance development plan of the head office, focuses on the regional characteristics of Sichuan, refines the green industry, starts from the aspects of organizational structure, personnel allocation, credit guidance, resource matching, etc., and establishes the whole chapter, plans for the long term, and fully activates the development momentum of green finance. The bank takes the initiative to dock with relevant government departments such as supervision and environmental protection, actively docks with the latest policy requirements in environmental protection, energy conservation and emission reduction, strengthens the policy guidance of "green credit", vigorously supports credit resources to green industries such as clean energy, green upgrading of infrastructure, green transportation, energy conservation and environmental protection, and focuses on reviewing the environmental behavior and safe production of enterprises, effectively playing the guiding role of green credit. In 2021, branch green credit balances increased by more than 20%.
Shouldering responsibilities depicting the "fireworks on earth" that benefits people's livelihood
The interests of the masses are no small matter. The Bank of China in Sichuan has deepened the study and education of party history, done good things for the masses, done practical things well, effectively helped to create a high-quality livable place, spared no effort to enjoy a better life for the people, and polished the "color" of happiness full of fireworks.
"I didn't expect the BOC's 'power loan' to be approved so quickly, and our company was saved."
This is a manufacturing enterprise that produces and processes edible oil, with an annual output value of 300 million yuan, through the procurement of raw materials such as rapeseed from local agricultural cooperatives and farmers to produce edible oil, in response to the national rural revitalization strategy, leading one side of the land on the road to prosperity. During the epidemic prevention and control period, the price of various production materials has been rising, and enterprises urgently need to raise funds for large-scale procurement, otherwise the rising costs may crush enterprises, resulting in nearly 100 employees losing stable employment opportunities. However, due to the size of the enterprise, the collateral that the company can provide is very limited, and it is almost impossible to apply for a loan in a short period of time and quickly alleviate the pressure on production.
Just when the person in charge of the enterprise was anxious to ask for "loans", the staff of the Bank of China in Sichuan took the initiative to come to the door. In just a few minutes, BOC employees used the "electricity loan" model to calculate millions of pre-credit lines for the company on the spot. Three days later, the loan arrived and the funds for the purchase of much-needed rapeseed were settled.
The "power loan" business is jointly innovated and built by The Bank of China of Sichuan and the State Grid Sichuan Electric Power. This "cross-border cooperation" of power + bank has realized the direct connection between the banking system and power data, with power data as the core, breaking down information barriers of all parties, efficiently and sensitively supporting high-quality enterprises to obtain more loan lines faster and more conveniently, and once again demonstrating the determination and action of focusing on reducing the financing costs of small and micro enterprises.
This is a small and vivid practice of the Bank of Sichuan shouldering the heavy responsibility of the bank and caring for the people's livelihood.
In the information age of rising tides of scientific and technological innovation, while constantly refreshing its own digital process, BOC Sichuan has never forgotten to optimize and improve the quality of "ageing" services, so that the elderly can fully experience and share the latest financial and technological achievements.
On February 24, the digital yuan consumption red envelope activity was piloted for the first time in the western region. The Chengdu Municipal Government distributed 200,000 rmb consumption red envelopes of 40 million yuan to the public. In this exploration of "eating crabs" in the field of digital frontiers, Sichuan Zhongxing helped the elderly to overcome the "digital divide", and joined hands with Tianfu Citizen Cloud to introduce Tianfu Citizen Cloud integrated machine smart terminals in 30 business outlets and more than 30 communities to support "offline" application for digital currency red envelopes. At the same time, all outlets have set up special service areas for the elderly, and "one-to-one" guides elderly customers to experience the digital yuan.
At the just-concluded 18th Western Expo, the "black technology" of the pension in the exhibition area of the Bank of China once again attracted a lot of attention. A "magical" bracelet that can monitor blood pressure and heartbeat, can be located in real time, and can also realize digital yuan payment in multiple scenarios such as nursing homes and hongqi supermarkets, which was praised by visitors.
This smart bracelet is just a smart payment product tailored to the digital RMB payment scenario of Sichuan Zhongxing Nursing Home. In order to practice the national strategy of "supporting the elderly", the bank took the initiative to embrace the "silver-haired group", and joined hands with China Unicom and Jinxin Group to land the country's first digital RMB smart pension scene in Jinjiang District, Chengdu, creating a smart bracelet that integrates digital currency payment and vital signs monitoring, building a comprehensive pension service platform, so that the elderly group can truly embrace new technology and "ride the wind and waves" in the digital era. Since the beginning of this year, the bank has continued to promote the iteration of the digital currency smart bracelet function, realized the two-way information sharing between the room and the pension management platform and the smart bracelet, solved the problem of internal management dispersion of pension institutions, and further improved the intelligent service level of the elderly group.
With the victory of poverty alleviation coming to an end, the Bank of China in Sichuan has begun the "acceleration run" of rural revitalization without stopping. Focusing on consolidating the results of poverty alleviation, doing solid fixed-point assistance, and promoting industrial revitalization, the bank has made efforts from multiple levels such as investigation and research, model innovation, scientific and technological innovation, and the development of county finance, established a special agency for rural revitalization, improved the professional working mechanism, and provided policy and resource inclination in the credit approval process, credit granting authority, product research and development, etc. In 2021, 35 first secretaries and village-based task force members were selected to the designated villages; in the first half of the year, more than 1 billion yuan of new loans were added to support the construction of rural revitalization industries; through the "public welfare bank of China" platform, product exhibition, "purchase instead of support" and other ways, to promote the help of local products, as of the end of August, only Jiange County's local specialties sales have exceeded 1.2 million yuan.
The glory shines, and the people who are committed to fighting never stop. Adhering to the mission of "integrating the world and benefiting the society", striving to build a world-class modern banking group and helping the construction of the twin-city economic circle in Chengdu and Chongqing is the vision and mission of the new generation of Sichuan Pedestrians. In the magnificent new era, the Bank of Sichuan will adhere to the original intention of serving the country with finance, take the new development concept as the guide, further integrate into the overall situation of local development, do a good job in the two cities collaborative article, create a new engine for development, and add new deeds to the coordinated development of the region.
Daily economic news