Foreign exchange bureau: will actively use cross-border financial blockchain platform to facilitate trade financing for SMEs

According to 21 Finance and Economics Report, on March 22, the State Council Office released a response to the impact of the international epidemic to maintain the stability of financial markets. At the meeting, Xuan Changneng, deputy director of the State Administration of Foreign Exchange, stated that the SAFE has always made epidemic prevention and control and supporting enterprises to resume work and production as the top priority of their current work. The State Administration of Foreign Exchange will actively use technical means such as cross-border financial blockchain platforms to facilitate SMEs' trade financing.