SDPFTZ Qingdao Area hosted a trade financing symposium on August 21 to improve financial services, ease funding constraints, and upgrade trade industries. Gao Shanwu, Deputy Secretary of Qingdao West Coast New Area Work Committee and Director of SDPFTZ Qingdao Area Management Committee, attended the meeting.
Gao Shanwu commended financial institutions and trade firms for their contributions, noting that international trade remains SDPFTZ Qingdao Area's core strength. He emphasized its synergy with shipping logistics, modern finance, and advanced manufacturing to address corporate financing challenges, boost foreign trade stability, and improve the business climate. He stressed the need to fully implement the guiding principles of the Central Financial Work Conference and the decisions of the Communist Party of China Central Committee and the State Council on financial support for the real economy, to better enable finance to boost high-quality trade development. We must strengthen policy support, address financing difficulties for enterprises, and improve financing services and other supporting measures. We must enhance financial services, streamline processes, increase credit supply to trade firms, and lower financing costs. We must balance development and security, improve trade firm management, strengthen corporate credit, tighten trade controls, and safeguard trade development.
At the symposium, the Office of the Financial Affairs Committee of the CPC Qingdao Municipal Committee and the Qingdao Municipal Bureau for Private Sector Development offered financing guidance to trade firms. Authorities in the area detailed corporate financing conditions with policy recommendations, while financial institutions and enterprises shared innovative financing cases and best practices. Selected trade firm representatives delivered targeted remarks.
Moving forward, SDPFTZ Qingdao Area will enhance financial support for trade upgrading, optimize financial ecosystems, address financing challenges, and cultivate an optimal business environment for commodity trading firms.
Liu Yuanyu, head of the Work Committee and Management Committee, chaired the meeting. Attendees included officials from the Office of the Financial Affairs Committee of the CPC Qingdao Municipal Committee, Qingdao Municipal Bureau for Private Sector Development, relevant departments in the area, alongside representatives from major financial institutions and trade firms.