China’s State Administration of Foreign Exchange Announces Work Priorities for the Second Half
On the morning of July 26, the State Administration of Foreign Exchange of China held a TV conference on foreign exchange management in the second half of 2021, summarizing the work of the first half of the year, analyzing the domestic and international economic and financial and foreign exchange situation, and studying and deploying key work in the second half of the year. Among them, the focus is to firmly promote the reform and opening up in the field of foreign exchange. The implementation of the facilitation policies have been introduced to further expand the scope of trade foreign exchange balance facilitation, cross-border investment in private equity investment funds, multinational companies, such as local and foreign currency integrated pool of funds facilitation pilot. Actively support the development of new foreign trade modes and models, and continue to promote the facilitation of personal foreign exchange business. Support regional open innovation.
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