Core Points - The People's Bank of China and the State Administration of Foreign Exchange will introduce nine policy measures to promote trade innovation and development [1] - The policies will include integrated currency pools for multinational companies and management of funds for domestic companies listed overseas [1] - The aim is to create a more convenient, open, secure, and intelligent foreign exchange management system [1] Summary by Category Policy Measures - Nine new policy measures will be implemented to enhance trade innovation and development [1] - Policies will focus on integrated currency pools and management of overseas listing funds [1] Market Performance - In 2024, foreign exchange market trading volume is expected to increase by 37% compared to 2020 [1] - The scale of foreign-related income and expenditure is projected to grow by 64% compared to 2020 [1] - In the first three quarters of this year, the foreign-related income and expenditure reached $11.6 trillion, setting a historical record for the same period [1] Future Outlook - The focus will be on creating a foreign exchange management system that is more convenient, open, secure, and intelligent [1] - There will be an emphasis on trade facilitation and the introduction of new policies to promote trade innovation [1] - The strategy includes advancing the internationalization of the Renminbi and high-quality opening of capital projects [1]
国家外汇局:将更大力度推动贸易创新发展
Xin Hua Wang·2025-10-28 01:21