business

China unveils new measures to streamline foreign exchange business processes

Font size+Author:Cultural Currents news portalSource:health2024-05-22 02:47:30I want to comment(0)

(Xinhua) 08:04, April 08, 2024BEIJING, April 7 (Xinhua) -- The State Administration of Foreign Excha

(Xinhua) 08:04, April 08, 2024

BEIJING, April 7 (Xinhua) -- The State Administration of Foreign Exchange (SAFE) released a circular on Sunday, announcing the introduction of six measures aimed at optimizing foreign exchange business processes.

According to the circular, these newly-introduced measures are designated to further boost trade facilitation and enhance the ability to serve the real economy.

The policies mainly involve moves in optimizing the registration of foreign trade enterprises, facilitating cross-border trade settlement and payment for enterprises, and streamlining regulations regarding foreign exchange for goods trade, according to the SAFE.

The circular will take effect from June 1, 2024.

Related articles
  • Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise

    Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise

    2024-05-22 02:21

  • VOX POPULI: Voters won’t forget ‘politics of oblivion’ in the next election

    VOX POPULI: Voters won’t forget ‘politics of oblivion’ in the next election

    2024-05-22 01:13

  • China's 'core socialist values' daubed on a London wall inspire war of words

    China's 'core socialist values' daubed on a London wall inspire war of words

    2024-05-22 01:10

  • Pressure grows on Angela Rayner to quit as Labour deputy leader over housing row police probe

    Pressure grows on Angela Rayner to quit as Labour deputy leader over housing row police probe

    2024-05-22 01:02

Netizen comments