State Administration of Foreign Exchange: Intend to introduce a package of policies to further enhance the facilitation level of cross-border investment and financing.

On July 17th, the State Council Information Office held a press conference on the foreign exchange income and expenditure data for the first half of 2026. Xiao Sheng, director of the Capital Project Management Department of the State Administration of Foreign Exchange, stated that since 2026, in the face of new situations and changes, the foreign exchange authority has conscientiously implemented the decisions and arrangements of the Party Central Committee and the State Council. Based on extensive research on the needs of banks, enterprises, and other entities, in conjunction with the high-level opening process of capital projects, the authority plans to introduce a new set of policies to further enhance the facilitation level of cross-border investment and financing. This batch of policies is mainly divided into three categories: firstly, to enhance the facilitation level of direct investment; secondly, to expand high-level openness in cross-border financing; thirdly, to optimize the registration management of capital project operations. Xiao Sheng mentioned that in the next steps, the State Administration of Foreign Exchange will better coordinate development and security, steadily promote the two-way opening of the financial market, normalize the issuance of QDII quotas, support market institutions with strong investment management capabilities, high product recognition, high compliance awareness, and high management levels to play a better role in QDII business. Additionally, there will be a further tilt towards public offering products and an increase in the inclusiveness of QDII business. Regarding the new round of QDII quota issuance, relevant preparations are being accelerated to strive for the timely issuance of new QDII quotas to better support and serve the real and compliant overseas securities investment needs of domestic residents. Zhao Yuchao, spokesman of the State Administration of Foreign Exchange and head of the International Balance of Payments Department, stated that this year, foreign investment in China has shown positive momentum. International balance of payments data shows that in the first five months, various types of foreign investment in China increased by about 160 billion US dollars, significantly better than the same period last year. This includes not only direct investment and securities investment, but also external deposits and loans absorbed by China. From the perspective of direct investment, foreign equity investment in China increased by over 50 billion US dollars in the first five months. Among XMEMX, the net inflow of cross-border investment in the high-tech service industry and high-tech manufacturing industry increased by 2026%, accounting... Note: This text has been truncated.