On October 25, safe issued the notice on further promoting cross border trade and investment facilitation. The circular covers 12 items, all of which are cross-border trade and investment facilitation measures. I. Cross-border Trade Expand the pilot program to facilitate trade and foreign exchange payments. Simplify the procedures for small and micro cross-border e-commerce enterprises to handle the receipt and payment of trade funds; Optimize the reporting mode of foreign exchange business of goods trade; Simplify the entry procedures of export revenue, and allow enterprises to choose whether to open accounts to be verified; Facilitate the registration of foreign exchangeRead More →
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