Strategy Of China’s Banking Industry Under The "B&R"

Since the "B&R" strategic vision put forward, a plurality of regions and a number of industries had a profound impact, as well as bring new opportunities for the country’s banking sector restructuring and development.The "B&R" strategy will bring great benefits to the transportation infrastructure, energy construction, cultural tourism, building materials and other industries, a large number of related businesses will benefit from considerable development.In the process of the implementation of the strategy, the demand for commercial bank credit will be increased accordingly. Unlike the previous strategy of a single point of breakthrough emphasis on regional cooperation, commercial banks now launched supply chain around the core business of financial services, integrated supply chain, upstream and downstream resources, hits the essence of regional cooperation strategies, will get rapid development.In the process of The "B&R" strategy to digest excess capacity, to achieve industrial transformation and upgrading, there will be a large number of inefficient enterprises will be mergers and acquisitions, banks can provide a variety of advisory services, mergers and Acquisitions Funds, loans and other financial servicesin the process of mergers and acquisitions for these enterprises.Under the guidance of the "B&R" strategy, through regional cooperation in countries along the negotiations, breaking the existing barriers to trade, so that cross-border trade and cross-border investment between regions more freedom and convenience. The rapid growth of cross-border trade and cross-border investment, is bound to promote the development of cross-border RMB settlement of cross-border fund centralized management, cross-border mergers and acquisitions and financing, cross-border financing and other cross-border financial services.In recent years, with the deepening of the internationalization of the RMB, the yuan payment value and recognition of the international community is also rising, multinational corporations demand for the renminbi transactions is also growing.As the output of domestic capital, technology and production capacity, the ability of our economy to external radiation significantly increased. The RMB become the trade settlement currency of the countries that along the "B&R" is a natural choice, which will ensure the fairness and profitability of international trade.From the current situation, the acceptance of RMB from the private sector or the officialof the ASEAN countries are also improved. From future development, the level of development of the countries along the "B&R" is inferior to our country, in the industrial chain and commodity factor markets, Chinese enterprises have a stronger bargaining power, due to exchange rate risk and payment convenience considerations, Chinese enterprises will choose RMB as an invoicing and settlement currency, so as to further accelerate the internationalization of RMB.In this paper, we focus on how to achieve their own analysis of the banking business transformation and upgrading, and to better serve the real economy in the wave of internationalization of RMB and Chinese enterprises "going out" under the "B&R"strategy. And design concept integrated financial services program from export, project contracting and equipment investment, cross-border mergers and acquisitions abroad three practical theme.