State Administration of Foreign Exchange, Circular on Optimizing Exchange Control in Order to Support the Development of Foreign-Related Business

国家外汇管理局关于优化外汇管理 支持涉外业务发展的通知

June 19, 2020 | BY

Susan Mok

Forex control relaxed to facilitate cross-border business

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Issued: April 10, 2020

Effective: as of date of issuance

 

Main contents: When qualified enterprises use income on the capital account such as investment capital, foreign debts and proceeds from