The General Office of the People's Government of Henan Province issued an implementation plan for replicating and promoting pilot measures for the Henan Pilot Free Trade Zone to fully connect with high-standard international economic and trade rules and promote high-level institutional opening-up. The plan states that it will deepen fintech development and international cooperation, facilitate financial institutions to carry out cross-border asset management, and provide domestic investment management, valuation and accounting services for fund products established overseas. In accordance with national arrangements and arrangements, eligible Pilot Free Trade Zone areas will be promoted to explore application scenarios of digital yuan in the field of trade in an orderly manner. According to national arrangements and arrangements, under the national macroprudential policy framework, multinational companies are supported to establish fund management centers and explore the development of integrated local and foreign currency fund pool operations. Support insurance institutions that are in a position to do so to explore international reinsurance services, and support international reinsurance businesses to use RMB for settlement. According to national arrangements and arrangements, research and support eligible asset management companies to carry out cross-border transfer of asset-backed securities, explore cross-border transfers of financial leasing assets in eligible Pilot Free Trade Zone areas, and pilot settlement in RMB.

Zhitongcaijing · 2d ago
The General Office of the People's Government of Henan Province issued an implementation plan for replicating and promoting pilot measures for the Henan Pilot Free Trade Zone to fully connect with high-standard international economic and trade rules and promote high-level institutional opening-up. The plan states that it will deepen fintech development and international cooperation, facilitate financial institutions to carry out cross-border asset management, and provide domestic investment management, valuation and accounting services for fund products established overseas. In accordance with national arrangements and arrangements, eligible Pilot Free Trade Zone areas will be promoted to explore application scenarios of digital yuan in the field of trade in an orderly manner. According to national arrangements and arrangements, under the national macroprudential policy framework, multinational companies are supported to establish fund management centers and explore the development of integrated local and foreign currency fund pool operations. Support insurance institutions that are in a position to do so to explore international reinsurance services, and support international reinsurance businesses to use RMB for settlement. According to national arrangements and arrangements, research and support eligible asset management companies to carry out cross-border transfer of asset-backed securities, explore cross-border transfers of financial leasing assets in eligible Pilot Free Trade Zone areas, and pilot settlement in RMB.