Shanxi Branch of the State Administration of Foreign Exchange actively promotes the pilot work of cross-border financial blockchain service platforms

A few days ago, the reporter learned from the Shanxi Branch of the State Administration of Foreign Exchange that since this year, the bureau has actively promoted the reform and opening up of foreign exchange management and supported the development of Shanxi's external real economy. The Bureau vigorously promoted the pilot work of the cross-border financial blockchain service platform and timely organized 16 pilot banks in Taiyuan's jurisdiction to arrange related deployments. The blockchain service platform has been online for only 3 weeks, and 3 banks in Shanxi Province have handled 16 export trade financing services for 5 small and medium-sized enterprises. The cross-border financial innovation reform has provided useful explorations, alleviating the problems of difficult and expensive financing for SMEs.