Core Viewpoint - The article discusses the implementation of a new policy by the State Administration of Foreign Exchange (SAFE) aimed at optimizing trade foreign exchange management to facilitate cross-border trade and enhance the efficiency of services for the real economy [1][3]. Group 1: Policy Implementation - In 2024, SAFE issued a notification to deepen the reform of foreign exchange management for goods trade, promoting high-quality development of foreign trade [1]. - The new policy allows for the relaxation of special refund registration requirements for certain trade transactions, specifically for A-class enterprises with refund amounts below or equal to 200,000 USD [2][3]. Group 2: Case Study - A local A-class export enterprise faced challenges with a refund of 80,000 USD due to a return request after exceeding the 180-day limit from the original payment date [2]. - The Minsheng Bank Huai'an Branch successfully assisted the enterprise in processing the refund within half a working day by leveraging the new policy, which significantly reduced the time and operational costs for the enterprise [3]. Group 3: Future Outlook - The Minsheng Bank Huai'an Branch plans to continue monitoring national foreign exchange policy developments and enhance its service capabilities to provide better financial services for import and export enterprises [4].