The central bank and two other departments: decide to promote the centralized operation of cross-border capital in both foreign and domestic currencies for multinational corporations nationwide.

According to the Zhitong Finance APP, on August 14, to further facilitate the centralized management and utilization of funds by multinational corporations, the People's Bank of China and the State Administration of Foreign Exchange jointly issued a notice regarding the cross-border centralized operation of domestic and foreign currency funds for multinational corporations, launching this service nationwide. The notice will come into effect on September 14, 2026.