Since the beginning of this year, the Tianjin Financial Innovation Operation Demonstration Zone Construction Coordination Group Office has actively organized and carried out the selection of financial service real economy innovation cases in 2022. After organizing application, preliminary review, on-site defense, social publicity and other links, and with the consent of the Tianjin Municipal People’s Government, Ten innovative cases, including “Development Finance Re-Lending to Support Key Manufacturing Industry Chains” and “Aviation and Shipping Cross-border Financial Comprehensive Solution”, were selected as Tianjin Financial Services Real Economy Innovation Cases, and 16 cases were awarded Financial Services Real Economy Innovation Cases Nomination Award.
The innovative cases selected this time fully reflect the key areas and key areas of Tianjin’s financial system in technology finance, industrial finance, shipping finance, green finance, inclusive finance, digital finance, cross-border finance, supply chain finance, and supporting the construction of key projects. The latest results of this link reflect Tianjin Finance’s determination and potential to support the construction of a national advanced manufacturing R&D base, a northern international shipping core area, and a pioneer area for reform and opening up.
Financial support for the integrated development of ports, industries and cities. Everbright Bank Tianjin Branch launched the country’s first loan business for offshore business jet leasing projects and the first new offshore ship leasing outbound remittance advance business within the Everbright system. Bank of Communications Tianjin Branch has teamed up with Yisheng Pay to develop Tianjin’s first “bank-enterprise cooperation” cross-border e-commerce comprehensive financial service platform. China Construction Bank Tianjin Branch launched the first short-term export credit insurance comprehensive insurance policy financing project for ocean freight under trade in services within the China Construction Bank system. Bank of China Tianjin Branch launched the first exchange rate hedging product under the government financing guarantee in Beijing, Tianjin and Hebei. China Export Credit Insurance Tianjin Branch uses a “three-pronged approach” of credit investigation products, specific contract insurance products, and construction period insurance financing to help Tianjin enterprises integrate into the joint construction of the “Belt and Road”.
Financial support for the high-quality development of the manufacturing industry. The Tianjin Branch of the China Development Bank uses low-cost policy funds to support Tianjin’s 12 key industrial chains and related upstream and downstream inclusive small and micro enterprises, establish a differentiated pricing mechanism, and continuously reduce financing costs. China CITIC Bank Tianjin Branch relies on the synergy advantages of CITIC Group to solidly promote “integrated collaboration and industry-finance interoperability” to provide new ideas and directions for financial institutions to integrate resources and empower the comprehensive development of enterprises.
Financial support for green and low-carbon development. ICBC Tianjin Branch launched Tianjin’s first renewable energy subsidy confirmation loan business, saving enterprises an average of 700,000 yuan in financing costs annually. CITIC Securities Co., Ltd. Tianjin Branch served as the lead underwriter to issue the first blue bond on the Shenzhen Stock Exchange, raising 1 billion yuan for the company.
Financial support for high-quality life. Minsheng Financial Leasing Co., Ltd. has continuously lowered financing interest rates and cooperated with commercial vehicle manufacturers to provide interest subsidies to truck drivers. During the epidemic, it launched repayment deferral, extension and interest reduction policies, which greatly eased the repayment pressure of lessees.