Sichuan Province officially launches cross-border trade high-level opening pilot project, first day of business successfully landed.

Recently, the People's Bank of China Sichuan Branch and the State Administration of Foreign Exchange Sichuan Branch approved 19 banking and financial institutions in Sichuan Province to obtain the qualification for high-level cross-border trade open trial business. This officially started the high-level cross-border trade open trial work in the whole province. This move marks a key step for Sichuan in promoting foreign exchange management reform and innovation, enhancing the level of cross-border trade facilitation, and injecting new momentum into the high-quality development of foreign trade enterprises.