The first "rediscount + exchange rate hedging" business in the Inner Mongolia Autonomous Region has been successfully implemented.

According to the Inner Mongolia Autonomous Region branch of the People's Bank of China, with recent guidance and promotion from the People's Bank, the first "Re-discount + Exchange Rate Hedging" business in the region has been successfully implemented in the Inner Mongolia Free Trade Pilot Zone, Erenhot area. Coupled with the successful launch of the "Re-lending + Exchange Rate Hedging" business on June 26, this marks the initial establishment of a dual-driven foreign trade financial support system combining "Re-lending + Re-discount." The combined momentum of domestic and foreign currencies to support high-quality foreign trade development has been further strengthened.