A few days ago, the Ningbo Free Trade Zone Branch of Zheshang Bank was officially registered and established. It is the first financial institution in Ningbo Area of Zhejiang Free Trade Zone and also the first enterprise with “Free Trade Zone” in its name.

It is learnt that after its establishment, the Ningbo Free Trade Zone Branch of Zheshang Bank will, according to the development goals of the area, adhere to financial innovation and institutional innovation, actively promote the pilot of account system with the integration of local currency and foreign currency, orderly carry out cross-border RMB innovation and other businesses, make full use of the regional characteristics of Ningbo Area of the Free Trade Zone, expand and consolidate the customer base, and support the regional and local economic development, so as to realize the double harvest of economic and social benefits.

In the next step, the financial institution will make full use of its own advantages, strengthen the support of financial services, help enterprises of all types to make full use of the policies of the free trade zone, and accelerate the development of “going global”. At the same time, it will increase reform and innovation, promote the implementation of projects and industrial aggregation, and help Ningbo Area of the Free Trade Zone to create a highland for financial innovation and business environment. (Reporter Cai Xiaoxin, and correspondent Qiu Kaiyu)