China's State Administration of Foreign Exchange Rolls Out New Policies to Boost Cross-Border Investment

According to Xiao Sheng, director of the capital account management department at China's State Administration of Foreign Exchange (SAFE), the agency plans to roll out a package of new policies to enhance the convenience of cross-border investment and financing, as announced at a State Council press conference. The move follows SAFE's extensive research into the needs of banks and enterprises amid ongoing capital account liberalization efforts in 2026.
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