"This time I participated in the Canton Fair, I experienced a Chinese banking service and opened an account with Bank of China. In the future, it will be more convenient to trade with Chinese suppliers, and you can also settle payments in RMB. At the Bank of China service point at the Canton Fair Complex, Kevin Nabeli Mbaka, a buyer from Africa, had just opened an account and was full of praise for the financial services provided by the exhibition.
This year's Canton Fair is very popular, and the supply of financial services is more sufficient. The CCB Canton Fair Sub-branch set up a foreign trade expert and a multilingual professional service team of 50 people to help, ICBC set up a mobile bank car at the venue for mobile services, and Bank of China provided 24×7 "cloud" services from "offline" to "online".
From currency exchange, payment and settlement, to financing, foreign exchange risk management and overseas security, the comprehensive services provided by financial institutions make exhibitors and buyers more comfortable to visit the exhibition, more secure in transactions, and confident in long-term development.
"The Canton Fair is becoming more and more international"
Walking on the Pearl River promenade, bank outlets, ATMs, self-service foreign exchange machines and other financial facilities are close at hand, and the staff are fluent in English to assist in guiding you. "Self-service RMB exchange is fast and convenient. "The Belarusian buyer, Laman, exchanged a sum of RMB on the self-service machine and is very satisfied with the experience.
It is understood that in order to meet the needs of foreign merchants for cash use and foreign currency exchange, 8 bank outlets and extension counters, 3 bank booths have been set up in the venue of this Canton Fair, and a total of 10 ATMs supporting overseas bank card cash withdrawal have been deployed. In addition, there are also 6 foreign currency exchange machines, which support the exchange of RMB notes in 18 foreign currencies such as US dollars and euros.
After walking around the Canton Fair Complex for a while, Raman found that his overseas bank card could be directly swiped at the merchants in the Canton Fair Complex. "The Canton Fair is becoming more and more international. He laughs.
According to the data of the Guangdong Branch of the People's Bank of China, since the opening of the Canton Fair, as of April 25, more than 110 catering, retail and other merchants in the Canton Fair venue have all supported the acceptance of overseas bank cards, and a total of more than 4,000 overseas bank card swipes have occurred in the venue, with an amount of more than 700,000 yuan.
For domestic exhibitors, they can not only get in touch with more targeted financial instruments at the Canton Fair, but also learn more about the risk "intelligence" of "going overseas".
Recently, foreign exchange fluctuations in the international financial market have been frequent, and geopolitical tensions in some regions have caused international trade to face more risks and challenges. The service booths set up by financial institutions in the Canton Fair Complex have built a professional platform for enterprises to solve their doubts.
"Merchants from Argentina have purchase intentions, what do we need to pay attention to to open up new markets?" "There are a lot of orders sent to the United States this year, how to reduce the risk of account period?" "Our company plans to invest in a furniture factory in Saudi Arabia, what insurance can provide protection for going to sea?" At the Canton Fair service booth of Sinosure, there was an endless stream of business personnel who came to consult.
The Canton Fair attracts buyers from all over the world, and in the face of potential new customers, exhibitors need to understand their credit status, the risk of the country where they are located and other information at the first time, so as to accurately screen customers. In order to provide more timely "support" to exhibitors, the staff of SINOSURE brought the "Seawalk World" APP, in which a variety of digital products such as credit "traffic light", credit "navigator" and "bill of lading report" can become an "assistant" to help enterprises identify and prevent risks.
Yu Hai, the person in charge of an international trading company in Guangzhou, came to consult about the issue of setting up a factory at sea, and through the detailed explanation of the business manager, he further understood the overseas market and began to handle the filing of overseas investment projects. "With financial experts leading the way, I have more confidence in the company's 'going global'. Yu Hai said.
At the "Canton Fair International Market Development Sharing Session", representatives of financial institutions such as Standard Bank Group introduced the industrial development, industrial chain layout, investment environment, regulatory policies and other contents of the African continent to the participating enterprises with the theme of "Expanding New Opportunities in Africa", and reminded enterprises to pay attention to risks such as autonomy debt, foreign exchange shortage and political turmoil.
"The tentacles of financial institutions are sensitive, and the content they share is very 'thirst-quenching' for us, and it will play a guiding role in the next step in Africa. A representative of the company who attended the meeting said.
"I want to do business in China for a long time"
"For cross-border trade, the capital chain is the lifeline. Our company applied for a multi-million yuan CCB 'Cross-border Quick Loan-Foreign Trade Loan', which helped us a lot in less than 48 hours from application to disbursement. Li Jianfeng, the person in charge of Zhanjiang Qitai Industry and Trade Development Co., Ltd., said. As a veteran exhibitor who has participated in the 26th Canton Fair, he is well aware of the importance of financing for foreign trade enterprises.
In order to provide sufficient "food and grass" for enterprises to "go global", CCB has launched the "Canton Fair Exhibition Exclusive Financial Services Month" activity since April, and launched a comprehensive financial service plan, covering 28 integrated products in four categories: "Rongtongbao", "Financing Treasure", "Rongzhibao" and "Rongshang Bao" of the Canton Fair, to solve the problem of financing needs in one stop.
In response to the actual needs of Canton Fair exhibitors, Bank of China's "Canton Fair Bank of China Preferential Loan" exclusive financing service plan has opened up a green approval channel, and has provided credit support of more than 30 billion yuan for exhibitors at this Canton Fair.
Nowadays, "going out" and "bringing in" are making two-way efforts, and financial services are helping Chinese and foreign enterprises to "go in both directions".
As a policy-based financial instrument, export credit insurance provides multiple protections for Chinese enterprises to "go overseas", from commercial risks such as arrears to political risks such as exchange restrictions and wars, attracting many foreign businessmen to consult and insure.
"Can a company owned by a foreigner also buy insurance and enjoy protection in China?" asked a foreign businessman. When he learned that foreign companies registered in China can also apply for insurance, he happily said, "Then I want to register a company as soon as possible and do business in China for a long time." ”
Southern + reporter Zhang Yan Zhou Meilin
【Authors】 Zhang Yan, Zhou Meilin
[Source] Southern Press Media Group Southern + client