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

By Susan Mok

(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,

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：

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