国家外汇管理局局长朱鹤新：推动银行外汇展业改革和贸易投资便利化改革提质扩面

Core Viewpoint - The State Administration of Foreign Exchange (SAFE) aims to deepen reforms in the foreign exchange sector while ensuring systemic risk prevention, focusing on creating a more convenient, open, secure, and intelligent foreign exchange management system [2]. Group 1: Policy Enhancements - The foreign exchange policy system will be improved to promote "more convenience with more integrity," with a focus on enhancing bank foreign exchange operations and facilitating trade and investment [2]. - Nine new policy measures will be introduced to expand the pilot scope of high-level cross-border trade openness and optimize foreign exchange fund settlements for new trade entities [2]. Group 2: Institutional Opening - SAFE will promote high-level institutional opening in the foreign exchange sector, coordinating the internationalization of the Renminbi with high-quality capital account opening [3]. - New policies will be implemented for multinational companies' integrated currency pools and management of domestic enterprises' overseas listing funds [3]. Group 3: Risk Management and Regulatory Capacity - The regulatory capacity for foreign exchange under open conditions will be enhanced, utilizing macro-prudential and micro-supervision approaches [3]. - Advanced technologies like artificial intelligence and big data will be employed for smart regulation, improving monitoring and early warning of cross-border capital flows [3]. Group 4: Global Economic Contributions - China maintains stability in global industrial and supply chains, providing strong support for the smooth operation of the world economy [4]. - The country actively shares opportunities from its large-scale market, contributing stability on the supply side and a broad market on the consumption side [4]. - China is fostering cooperation in emerging fields, accelerating the development of new productive forces, and deepening international collaboration in areas like artificial intelligence and new energy [4]. - The country is committed to global governance and multilateral cooperation, advocating for an inclusive economic globalization and supporting developing countries in participating in the global trade system [4]. Group 5: Market Growth Metrics - In 2024, China's foreign exchange market transaction volume is expected to grow by 37% compared to 2020, with foreign-related income and expenditure scale increasing by 64% [4]. - In the first three quarters of this year, China's foreign-related income and expenditure reached a record high of 11.6 trillion USD [4].