Lates News

date
22/07/2025
Xiao Sheng, Director of the Capital Department of the State Administration of Foreign Exchange: Plans to promote a batch of innovative pilot policies to more free trade pilot zones nationwide. Further expand policies to facilitate cross-border trade, including support for banks to optimize new types of international trade settlement, expand the scope of trade balance net settlement, facilitate the receipt and payment of foreign exchange funds for current accounts, and other five policies. Further promote high-level opening up of cross-border investment and financing, including pilot projects for the management of qualified overseas limited partners' foreign exchange, direct registration of external debt by banks, and sharing of external debt quotas by parent and subsidiary companies in financing leasing.