CHINA FOREX:In 2024,what initiatives did the Science and Technology Department of the State Administration of Foreign Exchange(SAFE)undertake to advance the reform and development of foreign exchange administration,wh...CHINA FOREX:In 2024,what initiatives did the Science and Technology Department of the State Administration of Foreign Exchange(SAFE)undertake to advance the reform and development of foreign exchange administration,while simultaneously fulfilling a dual role of supporting and leading technological innovation?展开更多
The People's Bank of China(PBOC),the Ministry of Commerce(MOFCOM),the National Financial Regulatory Administration(NFRA),the China Securities Regulatory Commission(CSRC),and the State Administration of Foreign Exc...The People's Bank of China(PBOC),the Ministry of Commerce(MOFCOM),the National Financial Regulatory Administration(NFRA),the China Securities Regulatory Commission(CSRC),and the State Administration of Foreign Exchange(SAFE)have recently issued the Opinions on the Trial Alignment of the Financial Sector with High-Standard International Rules in Qualified Pilot Free-Trade Zones(Port)for Grea ter Institutional Opening-Up.展开更多
As a bid to ease its mounting forex reserves, the State Administration for Foreign Exchange （SAFE） issued rules on August 20 allowing domestic Citizens to directly trade overseas securities. The state will first run...As a bid to ease its mounting forex reserves, the State Administration for Foreign Exchange （SAFE） issued rules on August 20 allowing domestic Citizens to directly trade overseas securities. The state will first run a trial in Hong Kong before opening up further markets to Chinese investors.展开更多
文摘CHINA FOREX:In 2024,what initiatives did the Science and Technology Department of the State Administration of Foreign Exchange(SAFE)undertake to advance the reform and development of foreign exchange administration,while simultaneously fulfilling a dual role of supporting and leading technological innovation?
文摘The People's Bank of China(PBOC),the Ministry of Commerce(MOFCOM),the National Financial Regulatory Administration(NFRA),the China Securities Regulatory Commission(CSRC),and the State Administration of Foreign Exchange(SAFE)have recently issued the Opinions on the Trial Alignment of the Financial Sector with High-Standard International Rules in Qualified Pilot Free-Trade Zones(Port)for Grea ter Institutional Opening-Up.
文摘As a bid to ease its mounting forex reserves, the State Administration for Foreign Exchange （SAFE） issued rules on August 20 allowing domestic Citizens to directly trade overseas securities. The state will first run a trial in Hong Kong before opening up further markets to Chinese investors.
