Xinhua News Agency, Beijing, July 25 (Reporter Liu Kaixiong) The State Administration of Foreign Exchange issued the "Guidelines for Current Account Foreign Exchange Business (Draft for Comment)" on the 24th to solicit public opinions.
According to the relevant person in charge of the State Administration of Foreign Exchange, the draft for comments is based on the principles of conciseness, clarity and ease of use. It integrates existing laws and regulations involving foreign exchange business under current accounts, and realizes the “one-book pass” for foreign exchange business under current accounts, and simultaneously abolished 30 cases Regulatory documents.
"It is mainly to streamline some materials and optimize some business processes, and does not involve substantive changes and adjustments to existing policies." The person in charge said that the foreign exchange bureau has sorted out and integrated the current foreign exchange business laws and regulations in order to further facilitate market entities to handle regular transactions. Project foreign exchange business.