Group 1 - The core viewpoint of the news is the announcement by the State Administration of Foreign Exchange (SAFE) regarding the deepening of cross-border investment and financing foreign exchange management reforms [1][2] Group 2 - The reforms include the cancellation of preliminary information registration for foreign direct investment and the expansion of the exemption policy for domestic reinvestment registration of foreign-invested enterprises nationwide [1] - The foreign exchange profits from foreign direct investment will now be allowed for reinvestment within the country [1] - The policy for non-enterprise research institutions to receive foreign funds will be expanded nationwide, facilitating the attraction of foreign investment [1] Group 3 - The reforms also aim to enhance cross-border financing by increasing the facilitation quota for high-tech, "specialized and innovative," and technology-based small and medium-sized enterprises to the equivalent of 10 million USD [1] - For selected enterprises under the "innovation point system," the cross-border financing facilitation quota will be further raised to the equivalent of 20 million USD [1] - Simplification of registration management for enterprises participating in cross-border financing facilitation will be implemented, removing the requirement for audited financial reports from the previous year or the most recent period during the signing and registration phase [1] Group 4 - The capital project income payment facilitation policy will be optimized by reducing the negative list for capital project income usage and removing restrictions on purchasing non-self-use residential properties [2] - Banks will be allowed to determine the frequency and proportion of random checks for facilitation services based on customer compliance and risk levels [2] - Foreign individuals can now handle foreign exchange settlement for real estate purchases before obtaining the necessary registration documents, provided they meet local purchasing qualifications [2] Group 5 - The SAFE will continue to promote reforms and opening up in the foreign exchange sector to support legal and compliant cross-border investment and financing activities, thereby better serving the high-quality development of the real economy [2]

Core Points - The State Administration of Foreign Exchange (SAFE) has issued a notice to deepen the reform of cross-border investment and financing foreign exchange management, aiming to facilitate cross-border investment and financing, expand high-level openness, and support high-quality economic development [1][2] Group 1: Cross-Border Investment Reforms - The notice cancels the basic information registration for foreign direct investment (FDI) pre-expenses [1] - It eliminates the registration requirement for domestic reinvestment by foreign-invested enterprises, expanding the pilot policy to nationwide implementation [1] - Foreign exchange profits from foreign direct investment are now allowed for reinvestment within the country [1] - The policy allowing non-enterprise research institutions to receive foreign funds will be expanded nationwide [1] Group 2: Cross-Border Financing Reforms - The facilitation limit for cross-border financing for high-tech, "specialized and innovative," and technology-based small and medium-sized enterprises has been unified to the equivalent of $10 million [2] - For selected enterprises under the "innovation points system," the cross-border financing facilitation limit can be further increased to the equivalent of $20 million [2] - The registration management process for cross-border financing has been simplified, removing the requirement for audited financial reports from the previous year [2] Group 3: Capital Project Income Payment Optimization - The negative list for capital project income usage has been reduced, removing restrictions on purchasing non-self-used residential properties [2][3] - Banks are allowed to determine the frequency and proportion of post-event random checks for facilitation services based on clients' compliance and risk levels [2] - Foreign individuals can now process foreign exchange settlement for real estate purchases before obtaining the purchase registration certificate, provided they meet local purchasing qualifications [2][4] Group 4: Real Estate Market Context - The adjustments in foreign exchange management measures are in response to changes in the domestic real estate market and aim to support stable development [3] - The new policy facilitates foreign individuals' reasonable housing needs in the country, promoting regional integration and talent mobility [4]

(上接1版) 针对深化跨境融资外汇管理改革的具体举措，李斌说：一方面，扩大科创类企业跨境融资便利，将全国 范围内高新技术、"专精特新"和科技型中小企业跨境融资便利化额度统一提高至等值1000万美元，将部 分依托"创新积分制"遴选的符合条件企业的跨境融资便利化额度提高至等值2000万美元。另一方面，简 化参与跨境融资便利化业务的企业签约登记管理要求，不再要求相关企业在签约登记环节提供上一年度 或最近一期经审计的财务报告。 缩减资本项目收入使用负面清单 李斌称，优化资本项目收入支付，将带来三大便利。 首先，缩减资本项目外汇收入及其结汇所得人民币在境内支付使用的负面清单，取消不得用于购买非自 用住宅性质房产的限制。 记者了解到，现行资本项目外汇收入及其结汇所得人民币在境内支付使用的负面清单中，包括不得用于 购买非自用的住宅性质房产。该项政策是在房地产市场过热背景下，各部门先后出台一系列针对房地产 企业和行业的调控政策之一。国家外汇局从防范"热钱"投机炒作角度，配合出台了"非房地产企业的资 本金、外债等资金不得用于建设、购买非自用房地产"的措施，为房地产市场阶段性平稳健康发展发挥 了积极作用。 "近年来，国内房地产市 ...

Core Viewpoint - The State Administration of Foreign Exchange (SAFE) has issued a notice to deepen reforms in cross-border investment and financing foreign exchange management, aiming to enhance the convenience of cross-border investment and financing, attract foreign investment, and promote high-quality financial services for the real economy [1] Group 1: Foreign Direct Investment (FDI) Management Reform - The notice cancels the basic information registration for pre-investment expenses under FDI, allowing foreign investors to directly open accounts and remit funds [2] - FDI enterprises are no longer required to register for domestic reinvestment, enabling direct fund transfers for reinvestment using foreign capital and RMB funds [2] - Foreign exchange profits generated by FDI enterprises in China can now be reinvested domestically [2] - Non-enterprise research institutions can attract foreign investment by following the same registration and exchange procedures as FDI enterprises [2] Group 2: Cross-Border Financing Management Reform - The notice increases the cross-border financing convenience limit for high-tech and specialized small and medium-sized enterprises to USD 1 million, with some selected enterprises eligible for up to USD 2 million [3] - The signing and registration requirements for enterprises participating in cross-border financing have been simplified, removing the need for audited financial reports from the previous year [3] Group 3: Capital Project Income Payment Optimization - The negative list for the use of capital project foreign exchange income has been reduced, removing restrictions on purchasing non-self-use residential properties [4] - Banks can now determine the frequency and proportion of random checks for capital project foreign exchange income payments based on customer compliance and risk levels [4] Group 4: Foreign Individual Property Purchase Payment Facilitation - The notice extends the pilot program allowing Hong Kong and Macau residents to make property purchase payments in foreign exchange to the entire country, enabling foreign individuals to exchange funds before obtaining property registration documents [5]

Group 1 - The State Administration of Foreign Exchange (SAFE) issued a notice on September 15 to deepen the reform of cross-border investment and financing foreign exchange management, introducing nine reform measures aimed at enhancing the convenience of cross-border investment and financing [1][2] - The notice allows foreign direct investment (FDI) enterprises to reinvest their foreign exchange profits generated in China without prior registration, streamlining the process for foreign investors [1][2] - The notice expands the pilot policy of allowing non-enterprise research institutions to receive foreign funds nationwide, facilitating foreign investment in research and development [2] Group 2 - The notice increases the cross-border financing convenience limit for high-tech, specialized, and innovative small and medium-sized enterprises to the equivalent of $10 million, with some selected enterprises receiving an increased limit of $20 million [2] - The notice simplifies the registration management for cross-border financing, eliminating the requirement for audited financial reports for participating enterprises [2] - The notice reduces the negative list for the use of foreign exchange income and its converted RMB for domestic payments, removing restrictions on purchasing non-self-use residential properties [2][3] Group 3 - The notice promotes a "pay first, supplement later" approach for foreign individuals purchasing property in China, allowing them to exchange foreign currency before obtaining the necessary purchase registration documents [3] - The notice aims to optimize the foreign exchange management measures in response to changes in the domestic real estate market, supporting stable development in the sector [3] - The notice allows banks to determine the frequency and proportion of random checks for compliance in capital project foreign exchange income payment facilitation, enhancing the experience for enterprises [3]

新华社北京9月15日电（记者刘开雄）国家外汇管理局15日对外发布通知，出台一揽子便利化政策，深 化跨境投融资外汇管理改革。其中涉及外商直接投资、企业跨境融资，以及境外个人境内购房结汇支付 等方面内容。 在外商直接投资方面，通知明确取消外商直接投资（FDI）前期费用基本信息登记，并允许FDI项下外 汇利润境内再投资。同时，在原先试点基础上，将取消FDI企业境内再投资登记、便利非企业科研机构 吸引利用外资的"科汇通"等两项政策推广至全国。 "现行资本项目外汇收入及其结汇所得人民币在境内支付使用的负面清单中，包括不得用于购买非自用 的住宅性质房产。"国家外汇管理局副局长、新闻发言人李斌说，这是在当时房地产市场过热背景下， 国家外汇管理局从防范"热钱"投机炒作角度出台的措施。 李斌表示，近年来，国内房地产市场形势已发生变化，房地产行业相关宏观调控措施已优化调整。相关 外汇管理措施有必要加以优化调整，以适应新形势新要求，助力房地产市场稳健发展。 "境外个人境内购房结汇支付便利仅是在银行办理资金结汇支付时的审核程序优化，并未改变现行境外 个人境内购房政策。"李斌强调，享受政策便利的前提是境外个人符合房地产主管部门和各地购 ...

Core Viewpoint - The State Administration of Foreign Exchange (SAFE) has issued a notice to deepen the reform of cross-border investment and financing foreign exchange management, aiming to enhance the convenience of cross-border investment and financing, attract foreign investment, and promote high-quality development of the real economy [1] Group 1: Investment Reforms - The notice cancels the basic information registration for pre-investment expenses under Foreign Direct Investment (FDI), allowing foreign investors to directly open accounts and remit funds without prior registration [2] - It allows FDI profits generated in China to be reinvested domestically, facilitating the reinvestment of foreign exchange profits obtained legally by foreign investors [2] - The policy expands the "Kehuitong" program, which allows non-enterprise research institutions to receive foreign funds, to a national level [2] Group 2: Financing Reforms - The notice increases the cross-border financing convenience limit for high-tech, "specialized and innovative," and technology-based small and medium-sized enterprises to the equivalent of 10 million USD, with some selected enterprises receiving an increased limit of 20 million USD [3] - It simplifies the registration management for cross-border financing, eliminating the requirement for audited financial reports from the previous year during the signing and registration process [3] Group 3: Payment Convenience - The notice reduces the negative list for the use of foreign exchange income and its converted RMB for domestic payments, removing restrictions on purchasing non-self-occupied residential properties [4] - It promotes a "pay first, supplement later" approach for foreign individuals purchasing property in China, allowing them to exchange foreign currency before obtaining the necessary purchase registration documents [5] - The notice allows banks to determine the frequency and proportion of random checks for compliance based on customer operations, enhancing the experience of enterprises in foreign exchange payment facilitation [5]

为扩大高水平开放，服务经济高质量发展，国家外汇管理局（下称外汇局）9月15日发布《关于深化跨境投融资外汇管理改革有关事宜的通知》（下称 《通知》），自发布之日起实施。 《通知》分别从投资端、融资端和支付便利三个方面提出9条改革措施。国家外汇管理局副局长、新闻发言人李斌指出，《通知》将提升跨境投融资便利化水平， 助力吸引和利用外资，促进金融服务实体经济高质量发展。 允许FDI项下外汇利润境内再投资 在深化跨境投资外汇管理改革方面，《通知》提出将取消外商直接投资（FDI）前期费用基本信息登记。这意味着境外投资者在境内设立FDI企业前需要汇入前期费 用的，可直接开立相关账户并汇入资金。 此前，部分省市试点FDI企业境内再投资免登记政策并运行良好。本次《通知》将试点扩大至全国，明确取消FDI企业境内再投资登记。此后，FDI企业以外汇资本 金及其结汇所得人民币资金开展境内再投资时，被投资企业或股权出让方无需办理接收境内再投资登记。 《通知》允许FDI项下外汇利润境内再投资，即FDI企业境内合法产生的外汇形式利润、境外投资者合法取得的外汇利润，可以在境内进行再投资。 为便利非企业科研机构吸引利用外资，《通知》将部分省市试 ...

人民财讯9月15日电，国家外汇管理局发布关于深化跨境投融资外汇管理改革有关事宜的通知，其中指 出，便利境外个人境内购房结汇支付。境外个人在满足房地产主管部门及各地购房资格条件下，可以在 取得房地产主管部门的购房备案证明文件之前，凭购房合同或协议先行在银行办理购房所涉外汇资金结 汇支付，后续再向银行补交购房备案证明文件。境内购房结汇支付便利不改变境外个人境内购房政策。 ...

Group 1 - The 2025 Service Trade Fair will be held at Shougang Park in Beijing from September 10 to 14, with a focus on ensuring foreign currency exchange services for attendees [1] - As of September 9, 2025, there are 293 foreign currency exchange points and 91 self-service exchange machines available in the city [2] - The State Administration of Foreign Exchange (SAFE) Beijing Branch has implemented a three-tier responsibility mechanism to enhance management and guidance for foreign currency exchange institutions during the event [2] Group 2 - Authorized banks are establishing special working groups and conducting training sessions to ensure compliance and effective service delivery during the fair [2][3] - A multi-dimensional inspection model has been created, combining regular inspections, on-site checks, and non-site checks to ensure smooth and compliant operations of exchange services [3] - Emphasis is placed on enhancing the quality of foreign currency exchange services at officially recommended hotels for the fair, with banks increasing oversight and conducting service capability assessments [3]