China's State Administration of Foreign Exchange will promote the opening of high-level capital projects in 2021

  China News Service, Beijing, December 22 (Reporter Xia Bin) The State Administration of Foreign Exchange of China held a related meeting on the 22nd to convey the spirit of the Central Economic Work Conference, study deployment and implementation measures, and promote the opening of high-level capital projects as a next year Key work.

  The meeting emphasized that we will focus on five areas next year.

One is to persist in serving the real economy and further promote trade and investment facilitation.

Continue to expand the scope of the foreign exchange business facilitation pilot program, and promote the coordinated development of domestic and foreign demand, imports and exports, the introduction of foreign capital, and foreign investment.

Improve the cross-border financial blockchain service platform, expand application scenarios, and make foreign exchange business more convenient with technology.

Deepen the reform of “delegating control and service” in the foreign exchange field, improve the online management system for government services, and improve the level of digital and intelligent government services.

Promote the high-quality development of the "Belt and Road" joint construction.

  The second is to promote the opening of high-level capital projects.

Focus on advancing the high-level two-way opening of the financial market, and improve the management of national treatment plus negative list before direct investment access.

Support regional opening up and innovation and the construction of special regions to help create a new height for reform and opening up.

  The third is to continue to fight a tough battle to prevent and resolve major financial risks in the foreign exchange field.

Strengthen the monitoring and analysis of cross-border capital flows, severely crack down on violations of laws and regulations in the foreign exchange field with a "zero tolerance" attitude, and safeguard national economic and financial security.

  The fourth is to adapt to the modernization requirements of the governance system and governance capabilities, improve the two integrated management framework of “macro prudence + micro regulation” in the foreign exchange market, improve cross-border capital flow management with enhanced macro prudence as the core, and improve the foreign exchange market micro-level with the transformation of supervision methods as the core Supervision.

  Fifth, improve the operation and management of foreign exchange reserves to ensure asset safety, flow, and value preservation and appreciation.

(Finish)