ICBC Unveils Comprehensive Financial Solutions to Facilitate "Export to China" Initiative

Deep News02-05

On February 4th, the inaugural 2026 event of the "Shared Large Market: Export to China" series was held in Beijing. Minister of Commerce Wang Wentao and Beijing Mayor Yin Yong attended and delivered speeches. ICBC Chairman Liao Lin was present at the event to introduce the supporting service plan. The event saw participation from over 150 guests, including ambassadors to China from countries such as the United Kingdom, Kazakhstan, Portugal, Kenya, Thailand, and Finland.

As a key supporting measure, ICBC launched a Comprehensive Financial Solution (CFS) designed to bolster the "Export to China" initiative. Leveraging its global network and leading banking services, the solution aims to provide robust support for international enterprises seeking to deepen their presence in the Chinese market and capitalize on development opportunities. It offers end-to-end financial services, including integrated international settlements, international trade financing, exchange rate and interest rate management, and comprehensive cross-border e-commerce support, thereby promoting the seamless integration of capital, trade, and information flows. The bank will also utilize its strengths as a RMB clearing bank and through services like ICBC Global Payment to enhance the efficiency of cross-border payment and clearing. Furthermore, ICBC plans to facilitate brand promotion across various scenarios by leveraging multilateral platforms such as the China-Europe Business Alliance and the Belt and Road Inter-Bank Cooperation Mechanism to foster deeper practical cooperation.

ICBC has been diligently implementing the guiding principles from the Fourth Plenary Session of the 20th Central Committee and actively advancing the national strategy of building a strong trading nation. For several years, the bank has conducted the "Spring Support Action," introduced financial service systems tailored to new forms of foreign trade, and strengthened all-around financial support for foreign trade enterprises. These efforts are aimed at enhancing the quality and efficiency of foreign trade and promoting balanced development of imports and exports. In 2025 alone, ICBC handled over $3.3 trillion in international settlements for foreign trade enterprises and provided more than one trillion yuan in trade financing.

The "Shared Large Market: Export to China" series, launched by the Ministry of Commerce in November 2025, represents a practical measure by China to proactively expand independent opening-up and encourage balanced growth in imports and exports.

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