Problems and Countermeasures Suggestions for Chinese Commercial Banks to Serve Chinese Enterprises Issuing Debt Abroad under the Background of Artificial Intelligence

Abstract

Abstract Abstract The intersection of AI and banking is reshaping how Chinese commercial banks support Chinese enterprises in issuing debt abroad. By harnessing the power of AI, these banks are able to provide more efficient, accurate, and compliant services, ultimately facilitating smoother and more successful international financing endeavors. The offshore bond financing balance of Chinese enterprises has grown at a compound annual growth rate of 20.39% in the past ten years, but has been negative in 2021 and 2022. Chinese commercial banks as global coordinators serve Chinese enterprises (except financial institutions) with a 12.4% share of offshore bond issuance, and Chinese enterprises (except financial institutions) in the central region have the highest growth rate of financing balance. This paper argues that commercial banks serving Chinese enterprises in offshore debt issuance face problems such as hindered comprehensive willingness of enterprises to issue debt abroad, slow expansion of international business, poor policy research and implementation mechanism, insufficient service level, and insufficient risk management level, and puts forward countermeasures and suggestions such as grasping the development trend of artificial intelligence to fully tap potential enterprises, concentrating advantageous forces to optimize the international layout, creating a multi-level linkage to strengthen policy research and implementation, integrating cutting-edge concepts to enhance the level of financial products and services, and integrating intelligent technology to enhance the level of financial risk management.