in order to thoroughly implement the central government's decision on the construction of Hainan Free Trade Port, the Agricultural Bank of China recently issued the Guiding Opinions on Supporting the Construction of Hainan Free Trade Port, aiming at improving the quality and efficiency of serving the construction of Hainan Free Trade Port, establishing and improving three major financial service systems, clarifying 15 work measures, and fully supporting the construction of Hainan Free Trade Port.
Establish and improve the free trade financial service system
Agricultural Bank of China actively cultivates key customer groups in Hainan Free Trade Port, and increases financial service support for key customer groups by matching differentiated policy resources, formulating exclusive financial service plans, and innovating financial cooperation modes. Support the construction of major projects, increase differentiated policy support for major projects and key projects in the Free Trade Port, actively use syndicated preparation and other means to accurately meet the financing needs of major projects, and vigorously support the construction of new energy and new infrastructure projects in Hainan. Strengthen the financial services of key parks, accelerate the strategic cooperation with key parks in the Free Trade Port, and match differentiated policies and innovative credit products for key projects and key industry customers in the park. We will intensify the innovation of products and services in free trade finance, and actively carry out product and service innovations in the fields of free trade (FT) accounts, supply chain finance, REITs, cross-border custody, cross-border wealth management and cross-border insurance, so as to fully meet the diversified needs of customers.
Establish and improve the financial service system for key industries
The Agricultural Bank of China has formulated a global tourism financial service plan for Hainan, aiming at key areas of Hainan tourism, such as marine tourism, recreational tourism, shopping tourism and rural tourism, innovating or matching financial products and service means, and enhancing financial support for Hainan tourism. Innovate the financial service mode of modern service industry, actively help the economic development of Hainan headquarters, support the construction of shipping, aviation hub and warehousing and logistics center, and promote the development of professional service industries such as exhibition services, cultural creativity, characteristic medical care, education and training, and performing arts events. Explore the effective path of financial services for high-tech industries, focus on the three development directions of Hainan's high-tech industries, formulate exclusive service plans, strengthen differentiated policy support, and promote multi-level service docking. Actively carry out product and service innovations such as intellectual property pledge financing and asset securitization, and comprehensively use credit, industrial funds and wealth management financing to support the development and growth of "unicorn" and science and technology-based enterprises. Create a brand of agricultural financial service with Hainan characteristics, innovate the financial service model for agriculture, rural areas and farmers, support the development of the whole industrial chain of agriculture with Hainan characteristics and the construction of a national agricultural Industry-University-Research platform, and make overall plans to promote the pilot construction of digital "agriculture, rural areas and farmers" service platform in Hainan. Optimize and improve the service system of green financial products, actively innovate green financial products and services, increase support for high-quality green projects such as clean energy and environmental governance, support the construction and development of various environmental rights trading markets in Hainan, and serve the construction of Hainan National Ecological Civilization Experimental Zone.
establish and improve the cross-border personal financial service system
the agricultural bank of China will speed up the improvement of the comprehensive service capacity of its outlets and enrich the characteristic financial services of the free trade port through online channels. Research and develop innovative personal loan products to meet the needs of free trade port construction. Actively promote the innovation of investment and financing exchange with personal FT account as the carrier. Actively lay out the characteristic life consumption scenes of the free trade port, support the development of new consumption formats, new hotspots and new markets, and support the accelerated development of duty-free industries in Hainan Island. Constantly enrich the types of financial products consumed by foreigners and optimize relevant institutional processes.
At the same time, the Agricultural Bank of China has also strengthened its policy guarantee from four aspects: policy system, innovation support, business collaboration and talent team, defined the working mechanism of making a list of supporting policies every year, gave full play to the advantages of the Group, continuously strengthened its comprehensive financial service capabilities, continuously improved the level of free trade financial services, and comprehensively improved the quality and efficiency of serving the construction of Hainan Free Trade Port.