Core Viewpoint - The State Administration of Foreign Exchange (SAFE) has drafted a notice to facilitate cross-border trade settlement and enhance foreign exchange support for stable foreign trade development, inviting public feedback on the proposal [1] Group 1: Policy Support - The notice supports regions with genuine needs and compliant business entities that align with national strategic development directions to implement high-level open pilot programs for cross-border trade after completing relevant reporting procedures [1] - The notice encourages compliant banks to include trustworthy cross-border e-commerce platforms and foreign trade service enterprises, along with their recommended clients, in trade facilitation policies or high-level open pilot programs [1] Group 2: Operational Guidelines - Banks can process cross-border e-commerce receipts and payments for foreign trade service enterprises and their entrusted clients based on electronic transaction information provided by these enterprises [1] - The notice allows for the offsetting of related costs such as warehousing, logistics, and taxes incurred abroad against export proceeds, while adhering to foreign-related income and expenditure management information regulations for actual payment data and restoration data reporting [1]
【金融街发布】国家外汇局:扩大跨境贸易高水平开放试点地区范围