Circular on Matters Relevant to Intensifying the Reform of Foreign Exchange Control in Connection with Cross-Border Investment and Financing
关于深化跨境投融资外汇管理改革有关事宜的通知
Registration of the basic particulars of the upfront expenses in domestic direct investments is abolished / Issued: 2025-09-12 ; Effective: 2025-09-12
top cover
(Issued by the State Administration of Foreign Exchange on, and effective as of, September 12, 2025.)
(国家外汇管理局于二零二五年九月十二日发布施行。)
Hui Fa [2025] No. 43
汇发〔2025〕43号
To the branches of the State Administration of Foreign Exchange of the provinces, autonomous regions, municipalities directly under the central government and cities with independent development plans and all national Chinese-invested banks:
国家外汇管理局各省、自治区、直辖市、计划单列市分局,各全国性中资银行:
With a view to thoroughly implementing the
为深入贯彻党的二十届三中全会精神,落实党中央、国务院决策部署,扩大高水平开放,服务经济高质量发展,国家外汇管理局决定深化跨境投融资外汇管理改革,进一步提升跨境投融资便利。现将有关事项通知如下:
This premium content is reserved for <br> China Law & Practice Subscribers. subscribers only
A Premium Subscription Provides:
- A database of over 3,000 essential documents including key PRC legislation translated into English
- A choice of newsletters to alert you to changes affecting your business including sector specific updates
- Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
Already a subscriber? Log In Now