Recently, China Foreign Economic Trust (hereinafter referred to as "Foreign Trade Trust") will take the "five major finances" as the theme, and present the company's innovative practices, cases, and measures in the layout or planning in the five aspects of "science and technology finance, green finance, inclusive finance, pension finance, and digital finance" from a first-line perspective.
Improve the quality and efficiency of inclusive finance, and adhere to the original intention of serving the people.
In recent years, Foreign Trade Trust has provided more than 1.5 trillion yuan of inclusive financial loan services to more than 2 billion customers. Foreign Trade Trust continues to strengthen the comprehensive systematization, automation and intelligent construction of inclusive financial business, and is committed to providing customers with convenient and professional financial services, practicing the original mission of serving the real economy, so that financial "living water" can benefit more people.
All along, Foreign Trade Trust has always adhered to the concept of "finance for the people", and has used diversified means to actively reduce loan costs for borrowers and protect the rights and interests of customers under various market conditions.
In the new inclusive financial projects of Foreign Trade Trust in 2023, the proportion of low-interest assets has reached about 80%, and under this premise, Foreign Trade Trust is still trying various ways to reduce the cost of borrowers.
Deeply cultivate inclusive financial scenarios and escort the development of the real economy.
In recent years, Foreign Trade Trust has continued to deepen its financial services for small, medium and micro enterprises, accumulated rich experience and capabilities in credit product management, continued to build a diversified business model, and customized various personalized elements of credit products according to customer needs.
In 2023, Foreign Trade Trust and JD Technology will jointly initiate the establishment of the "Foreign Trade Trust - Jingrun No. 3 Series Single Fund Trust" to issue movable property pledge loans to corporate customers in the JD ecosystem, providing more convenient financing services for borrowers' daily operation and procurement. At present, Foreign Trade Trust is making every effort to promote warehouse receipt financing, movable property financing and other products to solve the problem of inventory capital occupation of small and medium-sized enterprises, which can effectively alleviate the problem of capital shortage of small, medium and micro enterprises.
As an important part of finance, trust has released a strong driving force in promoting the common prosperity of farmers and promoting the strategy of rural revitalization around the financial needs of rural economy and agricultural production. In order to practice the mission of "the great man of the country", Foreign Trade Trust has always adhered to the concept of "serving industry and finance and helping rural revitalization", and has provided nearly 20 billion yuan of agricultural financial services, benefiting farmers in more than 20 provinces, municipalities and autonomous regions, involving more than 50 kinds of crops of grain and economy, covering more than 10 million mu of cultivated area.
In terms of the development of a new type of rural collective economy, a new type of agricultural business entity and socialized services, the Foreign Trade Trust has effectively helped village collectives and other new agricultural business entities to grasp the seasonal window of agriculture, seize market opportunities and achieve economies of scale by breaking down the financing barriers of new agricultural business entities and establishing an efficient financing path.
In terms of agricultural production, with the increasing demand for financial services from rural customers, higher requirements are also put forward for the innovation of agricultural financial products and the upgrading of scientific and technological capabilities. To this end, Foreign Trade Trust formed a special research team to go deep into the front line and conduct on-site research for small and medium-sized agricultural operators. Through on-the-spot interviews, Foreign Trade Trust deeply realized that with the revitalization of industry and ecology, the comprehensive service and refined management of agricultural financial products for industrial chain scenarios are becoming more and more important. Since the beginning of this year, based on the trend of land intensification and moderately large-scale operation of industrial customers, the agricultural finance team has developed and implemented an innovative comprehensive credit product "Benefiting Farmers Loan" to better meet the needs of customers for higher capital investment in the whole chain of planting and production.
Looking forward to the future, Foreign Trade Trust said that it will take the goal of helping to build a financial power, actively give full play to the synergy of industry and finance, do a good job in the "five major articles", and provide high-quality services for economic and social development. In terms of inclusive finance, Foreign Trade Trust will adhere to the return to the origin of trust, continue to explore new paths of inclusive financial services, and continue to improve its core competitiveness with the help of technology empowerment, product innovation and scenario-driven, so as to serve the real economy and serve the people's better life.