Lates News

Foreign Exchange Bureau: Anchor the tasks of the "15th Five-Year Plan", promote the high-level institutional opening of the capital project in an orderly manner. Promote the two-way opening of the financial market in an orderly manner, study and optimize the policies for cross-border fund flows of qualified overseas institutions, issue investment quotas for qualified domestic institutions in an orderly manner, and promote the construction of financial market connectivity mechanisms such as Shanghai-Hong Kong Stock Connect and Bond Connect. Further reform the foreign exchange management of foreign direct investment, revise and issue the integrated management measures of domestic enterprises' overseas lending in both domestic and foreign currencies, and improve and issue foreign exchange management policies for domestic and foreign exchange loans. Release new comprehensive policies and measures to facilitate cross-border investment and financing. Promote the upgrading of the policy on multinational companies' domestic and foreign currency fund pools, benefiting more than 1,100 multinational companies and 19,000 member enterprises, with cross-border receipts and payments involving $2.1 trillion USD so far.