Five departments: Optimize the rules for cross-border asset transfer business and implement integrated management of domestic and foreign currencies.

The People's Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, the State Administration of Foreign Exchange, and the People's Government of Guangdong Province jointly issued the "Opinions on Financial Support for the Deepening of Guangzhou Nansha's Towards World Cooperation with Guangdong-Hong Kong-Macao" initiative. Improve cross-border trade and investment management mechanisms. Encourage banks to provide convenient cross-border settlement and trade finance services for honest and law-abiding enterprises engaged in real and compliant new offshore international trade, cross-border e-commerce, and other new trade formats. Optimize cross-border asset transfer business rules and implement integrated management of domestic and foreign currencies. Implement facilitation measures for the approval and registration of medium and long-term external debts for enterprises that meet the conditions to promote the development of industries in Nansha. Support fund companies in Nansha to participate in the mutual recognition of exchange-traded funds and the mutual recognition arrangements between the mainland and Hong Kong funds. Explore feasible paths for mutual recognition with Hong Kong and Macao in bond issuance mechanisms, rating standards, and other aspects.