Since the establishment of Guangdong Free Trade Zone, RMB has been the main settlement currency for cross-border capital transactions in the region, and handling cross-border RMB receipts and payments accounts for more than 80% of cross-border receipts and payments of local and foreign currencies in the region.

From April 0, 2065438 to March 8, 2065438, Guangdong Free Trade Zone handled cross-border RMB receipts and payments of 683.292 billion yuan, accounting for 85% of cross-border RMB receipts and payments in the region. The relevant person in charge of Guangzhou Branch of the People's Bank of China said that the bank has completed the pilot of cross-border RMB loan business, allowing qualified enterprises in Guangdong Province to borrow RMB loans from financial institutions in Hong Kong and Macao to support the construction of key projects and the production and operation of enterprises in Guangdong Free Trade Zone. By the end of March, 2065438+2008, 58 enterprises in Nansha, Guangzhou and Hengqin New District, Zhuhai had handled cross-border RMB loans, and the amount of loans remitted was 6.044 billion yuan.

Guangzhou Branch of the People's Bank of China actively promotes the overseas RMB loan business, expands the cross-border use of RMB, and supports the legal and compliant RMB capital demand of overseas "going out" enterprises. The Bank strongly supports enterprise groups in the Free Trade Zone to carry out cross-border two-way RMB fund pool business and improve the efficiency of enterprise capital use. By the end of March, 2065438+2008, 27 RMB cash pools had been registered in Nansha, Guangzhou and Hengqin New District, Zhuhai, with a total receipt and payment of 62.09 billion yuan. Source: People's Daily