As the dawn of the new year brought warmth and hope to the land, Shanghai Rural Commercial Bank (hereinafter referred to as “SHRCB” or “the bank”) also embarked on a fresh journey within Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone. The bank’s formerly “Shanghai Pilot Free Trade Zone Lin-gang New Area Sub-branch” has officially been upgraded and renamed to “Lin-gang Special Area Branch”. This upgrade represents another crucial step of the bank to deeply integrate into national strategies.

  SHRCB has been one of the first financial institutions to set foot in Lin-gang Special Area. Leveraging its regional advantages, the bank has created financial products  for technology innovation finance and cross-border finance. The bank has intensified support for manufacturing and other key industries, and injected the power of inclusive finance into the high-level reform and opening up of Lin-gang Special Area. With the upgrade and renewal of Lin-gang Special Area Branch, the bank will fully leverage its strengths as a local bank. On the one hand, the bank will prioritize supporting technology industries, providing full-lifecycle and integrated financial services to support incubating technology-based SMEs. On the other hand, the bank will help establish high-level reform and opening-up pilots in Lin-gang Special area and promote the "New International Trade Access" special service.

  Over the past five years, Lin-gang Special Area has achieved rapid development, with "international style, futuristic feel, and sea-lake charm" becoming its new labels. Standing at a new starting point, SHRCB will integrate into the strategic layout of Lin-gang Special Area with a new look and new actions, contributing more of its strength to the reform and opening up, functional shaping, industrial cultivation, and economic development of Lin-gang Special Area.