Circular of the State Administration of Foreign Exchange of the People??s Republ
[2008-12-23 17:03:19]
|
Branch offices and departments of foreign exchange administration in all provinces, autonomous regions and municipalities, branch offices in Shenzhen, Dalian, Qingdao, Xiamen and Ningbo, and designated China-funded banks of foreign exchange:
For purposes of going further to meet foreign exchange demand of domestic organs and individuals and promoting trade facilitation, related matters on adjusting the policies of Foreign exchange administration under current accounts are now announced in accordance with Announcement No.5, 2006 of the People??s Bank of China: 1. Canceling the beforehand examination and approval for open of foreign exchange account under current account, and increasing limit on foreign exchange account under current account. 2. Simplifying documents of payment remittance of service trade and adjusting authority of examination and approval. 3. Relaxing policy restrictions on exchanges purchases of domestic citizens and carrying out annual volume management. 4. Regulating business management and strengthening supervision and early warning. |
| ??close?? |
Keywords:Foreign Investment
Related Articles:
- China's Foreign Trade to Be More Balanced
(2012-05-16) - Pak-China CSA to Boost Trade and Investment
(2011-12-30) - Cambodia Throws Embroidered Ball to Yunnan Entrepreneurs, Investment in Import & Export Enjoying Full Duty Exemption
(2010-10-13) - Investment in China's Chemical Industry Overheats
(2009-11-18) - China's Industrial Output, Investment Up In Oct., Showing Stronger Revival
(2009-11-12) - China Attracts $52 bln Investment from ASEAN
(2009-10-22) - Investment Information:Long-term Bonded Exhibition Hall (Also as a Sales Site) f
(2009-10-13) - COFCO's Investment in Northwestern Xinjiang to Double in the Next 5 Years
(2009-09-28) - China Encourages Foreign Businessmen to Invest in Construction of Airports
(2009-09-17) - China to Strengthen Management Over Usage of Central Budget Funds in Investment
(2009-09-15)
