Core Points - The State Administration of Foreign Exchange (SAFE) has announced nine policy measures to facilitate cross-border trade and support foreign trade development [1][2] - The policies aim to expand trade facilitation measures both regionally and in terms of business operations [1] Group 1: Trade Facilitation Policies - The cross-border trade high-level opening pilot will expand from 11 regions, including Beijing, to more areas aligned with national strategic development [1] - The scope of netting settlements for trade-related payments and service fees will be broadened, reducing the frequency and cost of cross-border remittances [1] - Simplified settlement procedures for quality enterprises participating in multinational corporate cash pool operations will be implemented [1] Group 2: Support for New Trade Models - Banks are encouraged to leverage the credibility of cross-border e-commerce platforms and foreign trade service enterprises to include more small and medium-sized enterprises as quality enterprises [1] - Traditional document review methods will be transformed, allowing banks to process cross-border e-commerce payments and netting business online based on information from foreign trade service enterprises [1] - Banks are urged to enhance service awareness and continuously optimize foreign exchange financial services for personalized and complex foreign exchange business [1] Group 3: Funding Management for Service Trade - New policies support engineering companies in opening centralized fund management accounts abroad, enabling flexible use of funds across different countries and projects [2] - The simplification of fund settlement procedures for common scenarios such as customs, warehousing, and logistics services between domestic and foreign institutions will enhance settlement efficiency [2] - SAFE plans to further facilitate cross-border trade settlement and ensure that policy benefits reach operational entities quickly and accurately [2]
国家外汇局出台三方面九条政策措施
Qi Huo Ri Bao Wang·2025-10-29 19:46