ICBC Beijing Branch Takes Various Measures to Support Internet Enterprises and Help Build a New Development Pattern of Double Cycle

In order to thoroughly implement the spirit of "to promote the formation of a new development pattern in which the domestic macrocycle is the main body and the domestic and international double cycles are mutually reinforcing" put forward by the national leaders, ICBC Beijing Branch has been actively taking action to serve the needs of consumption and scientific and technological innovation by providing one-stop integrated financial services to more than twenty Internet enterprises in many fields such as e-commerce and logistics, news and information, and intelligent transportation, In order to provide one-stop integrated financial services for more than twenty Internet enterprises in many fields, including e-commerce logistics, news information, intelligent transportation, culture and education, ICBC Beijing Branch has supported the continuous expansion of the business scale of enterprises, promoted domestic consumption, and helped build a new pattern of development with double-cycling.

Full product services

Promoting the consumption cycle

A leading domestic e-commerce company is a long-term cooperative customer of ICBC Beijing Branch. During the epidemic period, ICBC was the first to approve and issue an epidemic loan for the company and invested in its epidemic prevention and control debt, which strongly supported the company's work of epidemic prevention and control material protection. The bank will further deepen the cooperation with the enterprise in settlement, financing, net finance, personal finance, etc., significantly increase the credit limit, and provide full-product financial services for the enterprise and its platform consumers, merchants, etc., to support the development of the industrial chain, meet the needs of all parties, and actively promote the consumption of the great cycle.

Scenario-based cooperation

Explore innovative models

The digital economy is an important aspect of boosting the double-cycle, and the application of artificial intelligence, big data and other technologies can further enhance the development momentum and form new growth poles. ICBC Beijing Branch has cooperated extensively with Internet leaders in the fields of news and information, intelligent transportation, etc., and provided diversified financing support such as "on-balance sheet + off-balance sheet" and "merchant banking + investment banking" to serve the development and growth of enterprises, and at the same time explored innovative modes of scenario-based cooperation to combine the personalized needs of enterprises. At the same time, combined with the individual needs of enterprises, in-depth exploration of the innovative mode of scene-oriented cooperation, the organic integration of financial business products and enterprise technology scene, effectively solve the "pain point" needs, and constantly improve customer service efficiency, through financial and technological empowerment, to add more power for economic development.

Government, bank and enterprise linkage

Deepening financial poverty alleviation

A domestic fresh food e-commerce industry unicorn enterprise is a high-quality customer of ICBC Beijing Branch, which provides the enterprise with liquidity loans and convertible bonds to effectively help the enterprise to expand the purchasing volume, and at the same time, connects the enterprise with the government of Wanyuan City in Sichuan Province to carry out poverty alleviation cooperation and purchasing of local agricultural products, which expand the enterprise's product categories and increase the number of local products, and also increase the number of local products, which are not available in the market. It also helped the enterprise to expand its purchasing volume and effectively helped the enterprise to expand its purchasing volume. In addition, the bank utilized its own RongeShop e-commerce platform to help more merchants in poor counties to set up stores online and broaden their sales channels. The bank's business is a very important part of the company's strategy," he said. "The bank's business is a very important part of the company's strategy," he said.

In the next step, ICBC Beijing Branch will continue to follow the national policy guidance, continue to increase financial support for high-quality Internet enterprises, continuously strengthen business cooperation, and actively meet the domestic demand to help build a new development pattern of double-cycling, and promote the high-quality development of China's economy.