Core Viewpoint - The State Administration of Foreign Exchange (SAFE) has introduced nine policy measures to facilitate foreign exchange fund settlement and support stable development of foreign trade, focusing on optimizing convenience policies, supporting new trade business models, and enhancing the efficiency of fund usage for service trade enterprises [1][2]. Group 1: Policy Measures - The new policies aim to expand the pilot scope of high-level cross-border trade openness and the types of netting settlement businesses, optimizing foreign exchange fund settlement for new trade business entities [1][2]. - The SAFE has already implemented high-level cross-border trade investment pilot programs in regions such as Shanghai, Beijing, Jiangsu, and Guangdong since 2022, which have effectively promoted foreign economic development while managing risks [2]. Group 2: Support for New Trade Business Models - The notification encourages the inclusion of more new trade business entities in the convenience policy framework, leveraging reputable e-commerce platforms and foreign trade service companies to recommend and enhance credit for small and medium-sized enterprises [2]. - Banks are guided to shift from traditional document review methods to automated batch reviews based on electronic transaction information generated online, facilitating easier foreign exchange transactions for new trade business entities [2]. Group 3: Service Trade Management - The notification relaxes management of service trade advance payment, allowing domestic enterprises to directly handle related fund settlements for transportation, warehousing, and maintenance fees through banks [3]. - It supports engineering companies in the centralized allocation of funds across countries and regions, effectively utilizing "idle" funds from overseas projects and reducing financial costs for enterprises [3].