Gate.io data, August 23, 2024, marks the 5th anniversary of the establishment of the Lingang New Area in the Shanghai Pilot Free Trade Zone. The People's Bank of China Shanghai Headquarters, the Shanghai Branch of the State Administration of Foreign Exchange, the Lingang New Area Management Committee, the Financial Institution within the area, and the local enterprises maintain close communication, guiding the Financial Institution to actively innovate characteristic financial products and service models, and supporting the construction of the Lingang New Area as an emerging financial experimental zone. First, expand the cross-border use of the renminbi in key areas; second, support the development of new offshore international trade; third, guide small and medium-sized enterprises to hedge against exchange rate risks; fourth, focus on enhancing the level of maritime financial services.