The banking industry "supports" the innovative energy accumulation of the Beijing Winter Olympic Games to boost 300 million people on the ice and snow

The opening of the Beijing Winter Olympic Games is imminent, and all services in the banking industry have been fully prepared.

The 21st Century Business Herald reporter learned from the financial management department and relevant banks that in addition to the well-known digital RMB pilot, the banking industry also provided all-round support for the Beijing Winter Olympic Games, such as credit funds, payment and settlement, bank outlets, science and technology networks and so on.

Venues and infrastructure construction are the main areas of credit fund support. As for the Bank Of Beijing Co.Ltd(601169) industry, Li Mingxiao, director of Beijing Banking and Insurance Regulatory Bureau, recently introduced that the overall financing scale of Bank Of Beijing Co.Ltd(601169) industry to support the construction of Winter Olympic venues and supporting infrastructure exceeded 78 billion yuan, 34.07 billion yuan has been actually invested, and the balance of various financing was 24.211 billion yuan.

"We should strengthen the quality control of the whole process of financial services, actively connect, fully understand the needs of financial services, innovate financial products and service models, carry out multi-dimensional training, and effectively improve the accuracy, convenience and satisfaction of financial services." Leng Yunzhu, director of Hebei banking and Insurance Regulatory Bureau, said when investigating and supervising the financial service guarantee of the Winter Olympic Games in Zhangjiakou.

Bank Of China Limited(601988) is the only bank partner of the Beijing Winter Olympic Games. Liu Jin, President of Bank Of China Limited(601988) said recently that since 2017, the total amount of credit approved by the bank for the Winter Olympic Games has exceeded 48 billion yuan, with a total investment of more than 20 billion yuan. At present, the bank has all the preparatory work in place, and is confident and capable of providing financial services and contributing financial strength to the Winter Olympic Games.

the banking industry actively serves the Winter Olympics

"To get rich, build roads first." The holding of the Beijing Winter Olympics is also the first step in infrastructure construction. The 21st Century Business Herald reporter learned that as early as July 2015, when Beijing won the right to host the 2022 Winter Olympic Games, banks were actively planning how to contribute financial strength.

For example, Agricultural Bank Of China Limited(601288) Hebei Branch immediately established the "financial services leading group for the Winter Olympics", formulated the overall plan for serving the Winter Olympics, and took "improving the level of financial services and contributing to the economic development of the Winter Olympics" as the strategic goal. The bank provided all-round credit support in the construction of Winter Olympic venues and snow fields, transportation infrastructure, renewable energy and other related supporting industries, And realize the first Winter Olympic Games loan in Hebei Province.

Beijing Zhangjiakou high-speed railway is an important transportation guarantee line for the Winter Olympic Games. Agricultural Bank Of China Limited(601288) Hebei Branch has jointly established a syndicated loan with Agricultural Bank Of China Limited(601288) Beijing Branch. At the same time, Agricultural Bank Of China Limited(601288) Beijing Branch has also provided financial support for the construction of Xingyan expressway.

Industrial And Commercial Bank Of China Limited(601398) Hebei Branch focused on the financing needs of Zhangjiakou competition area and continued to increase credit support for Winter Olympic venues and supporting facilities. According to the data, as of early January this year, the bank had invested 7.4 billion yuan in loans to many key projects such as ancient poplar venues in Zhangjiakou competition area and Taiwu ski resort. Among them, in the construction and financing of ancient poplar venues and supporting projects, the bank acts as the lead bank of syndicated loans.

As an urban commercial bank in Beijing, Bank Of Beijing Co.Ltd(601169) has certain advantages in serving the cultural and tourism industry. In 2019, the bank issued the "cultural and tourism loan" financial service action plan to provide 20 billion yuan of intentional on balance sheet and off balance sheet credit lines for Beijing Cultural and tourism enterprises in the next five years. At the same time, it strengthened the inclusive financial services of cultural and tourism enterprises and supported 1000 cultural and tourism enterprises.

While providing loans, banks have also innovated some project financing methods. In Yanqing District of Beijing, Bank Of China Limited(601988) Beijing Branch led six banks to form a syndicated loan of 2.578 billion yuan for Yanqing District government and social capital cooperation (PPP) project.

\u3000\u3000 "The project is the only Winter Olympic Games planning project in Yanqing competition area that carries out market-oriented financing. Its financing scheme covers the full cycle needs of the Winter Olympic Village, Mountain News Center and supporting facilities during the construction period, Olympic service period and post competition operation period. It provides comprehensive financing schemes including project loans and transformation loans, which has accumulated valuable experience for the financing services of PPP projects in China's sports industry Check. " Li Mingxiao introduced.

In addition to providing loans, China Construction Bank Corporation(601939) established the "CCB Tiefa green development equity investment fund" to support the Winter Olympic Games for the infrastructure construction of Winter Olympic projects. It also won the bid of "Beijing Tianjin insurance PPP fund and air governance blue sky fund" jointly with CCB trust, which launched the first shot of pollution and haze prevention in Beijing, Tianjin and Hebei.

In terms of payment and settlement, the central bank recently held a leading group meeting on the construction of payment service environment for the Beijing Winter Olympic Games. It said that at present, the preparations for payment services such as Olympic subject accounts, bank cards, mobile payment, local and foreign currency cash and digital RMB have been ready, and will provide high-quality, efficient and safe payment services to personnel at home and abroad.

boost 300 million people on ice and snow

Although the Winter Olympics has not officially started, the 21st Century Business Herald reporter learned that the financial management departments and banks providing financial services have made forward-looking and long-term plans for post game financial services.

Li Mingxiao said that in order to inherit the spirit of the Winter Olympics and help the sustainable and vigorous development of the ice and snow industry, Beijing Banking and Insurance Regulatory Bureau guided institutions to actively innovate products and services based on the development needs of new business forms and new scenes of the ice and snow industry, and promote the sustainable and vigorous development of the "ice and snow +" industry economy by taking advantage of the "winter" wind, Focus on financial support and services for high-quality enterprises in the ice and snow industry and the post competition transformation and utilization of venue facilities.

Bank Of China Limited(601988) is the bank with the largest financial investment in the Winter Olympic Games. Liu Jin said that in addition to Beijing, the bank also provided credit support for Winter Olympic ice and snow projects in more than 10 provinces and autonomous regions such as Hebei, Heilongjiang and Jilin, with a total credit of more than 60 billion yuan, and began to issue loans one after another. Through the combination of various financial instruments, provide rich and flexible forms of investment and financing for the ice and snow industry, support the long-term sustainable development of enterprises, actively implement the implementation outline of driving 300 million people to participate in ice and snow sports, give full play to financial forces, and promote the ice and snow industry to the road of high-speed and high-quality development.

"Drive 300 million people to go on ice and snow. I believe we will play a greater role after the Winter Olympic Games. Bank services are needed in ski supporting services, such as ski clothing and appliances, ski venues, catering, entertainment and commerce." Liu Jin said.

In terms of specific projects, taking the small Hai Tuo mountain, one of the important venues of the Winter Olympic Games, for example, Agricultural Bank Of China Limited(601288) Yanqing branch learned before the loan survey that after the Winter Olympic Games, the project will be transformed into a national professional alpine skiing, snowmobile skiing field, Beijing snow training base and snow mass sports center.

The Wukesong ice sports center supported by Bank Of Beijing Co.Ltd(601169) is the world's largest ultra-low energy consumption sports building. After the competition, it will be used to host top ice sports events outside China, build an international exchange platform for young ice sports talents, and become a new target of ice and snow culture in Beijing. It is understood that the bank will also provide financial services for the post competition transformation and utilization of venues.

\u3000\u3000 "In the 'post Winter Olympics' era, we should strive to guide more ordinary ice and snow enthusiasts to participate in ice and snow sports and guide finance to vigorously support the development of ice and snow industry. This is also the financial service field we should focus on in the next step, such as giving full play to the functional advantages of Beijing loan service center and deeply tapping the potential of scientific and technological financial services based on Beijing's advantages of' Entrepreneurship and innovation '. ”Li Mingxiao said.

According to the ice and snow sports development plan (2016-2025) released by the State Administration of sports, the total scale of China's ice and snow industry will reach 600 billion yuan in 2020 and 1 trillion yuan by 2025. At that time, it is expected to drive 50 million people to participate in ice and snow sports directly and 300 million people to participate in ice and snow sports. At the same time, the development of ice and snow sports will also drive the prosperity of ice and snow tourism.

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