Core Viewpoint - The State Administration of Foreign Exchange (SAFE) has announced new policies to facilitate foreign exchange fund settlement and support stable foreign trade development, introducing nine measures to deepen trade foreign exchange management reform and ease cross-border trade operations [1][2]. Group 1: Trade Facilitation Policies - The policies will expand the pilot areas and types of businesses involved in trade facilitation, covering more regions with genuine needs and compliant business entities [1]. - The types of businesses eligible for net settlement of current account funds will be broadened, allowing for the net settlement of service fees related to transportation, storage, maintenance, and compensation linked to goods trade [1]. Group 2: Support for New Trade Models - The measures will enhance the convenience of settlement for innovative businesses, encouraging banks to include more small and medium-sized enterprises in the category of quality enterprises eligible for favorable trade fund settlement policies [1][2]. - Banks are encouraged to shift from traditional document review methods to automated batch reviews based on electronic transaction information generated online by foreign trade service enterprises [2]. Group 3: Improvement in Service Trade Fund Utilization - The management of service trade advance payment business will be relaxed, allowing domestic enterprises to directly handle related fund receipts and payments at banks for transportation, storage, and maintenance fees [2]. - The policies aim to effectively mobilize "idle" funds from overseas engineering projects, reducing financial costs for enterprises and supporting high-quality development of the Belt and Road Initiative [2].
国家外汇局发布九条政策举措 进一步便利外汇资金结算
Shang Hai Zheng Quan Bao·2025-10-29 23:27