IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 11 May 2013 | Removal date: open ended
Still in force

Controls on commercial transactions and investment instruments

On 11 May 2013, the State Administration of Foreign Exchange (SAFE) released the Measures on the Administration of Foreign Exchange in Foreign Direct Investments, clarifying the administration of foreign exchange and the promotion of foreign direct investment.
 
The SAFE abolished the governmental review and approval requirements for foreign exchange settlement. Instead the review shall be carried out directly by designated banks.

AFFECTED COUNTRIES

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TABLE
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