As from March 1,the State Administration of Exchange Con-trol will implement a new "Provisional Regulations of Checking,Writing-off and Supervising Foreign Exchange Payment for TradeImport".This is an import...As from March 1,the State Administration of Exchange Con-trol will implement a new "Provisional Regulations of Checking,Writing-off and Supervising Foreign Exchange Payment for TradeImport".This is an important measure of reforming China’s for-eign exchange system, and is an afterwards supervising measure ofguaranteeing orderly proceeding of toreign exchange payment fortrade import after the exchange of regular items.One of the purpose of carrying out the new regulations is toform an afterwards supervising mechanism for foreign exchangeimport payment of regular items which guarantees the authenticityof foreign exchange import payment and orderly proceeding theexchange of Renminbi regular items;secondly,through examiningand verifying documents of foreign exchange import payment,veri-展开更多
The People’s Bank of China（PBOC）recently issued the regulations on QR code payment service（Trial）and two other relevant technical specifications to regulate payments by scanning two-dimensional barcode,which are ...The People’s Bank of China（PBOC）recently issued the regulations on QR code payment service（Trial）and two other relevant technical specifications to regulate payments by scanning two-dimensional barcode,which are to take effect on April 1,2018.Payment institutions must obtain proper permits to offer barcode-based payment services by then.Payments with QR codes are increasingly common in China for purchases in large or small shops,展开更多
文摘As from March 1,the State Administration of Exchange Con-trol will implement a new "Provisional Regulations of Checking,Writing-off and Supervising Foreign Exchange Payment for TradeImport".This is an important measure of reforming China’s for-eign exchange system, and is an afterwards supervising measure ofguaranteeing orderly proceeding of toreign exchange payment fortrade import after the exchange of regular items.One of the purpose of carrying out the new regulations is toform an afterwards supervising mechanism for foreign exchangeimport payment of regular items which guarantees the authenticityof foreign exchange import payment and orderly proceeding theexchange of Renminbi regular items;secondly,through examiningand verifying documents of foreign exchange import payment,veri-
文摘The People’s Bank of China（PBOC）recently issued the regulations on QR code payment service（Trial）and two other relevant technical specifications to regulate payments by scanning two-dimensional barcode,which are to take effect on April 1,2018.Payment institutions must obtain proper permits to offer barcode-based payment services by then.Payments with QR codes are increasingly common in China for purchases in large or small shops,
