Bureau of Foreign Exchange: The basic ideas of foreign exchange facilitation reforms in recent years are summarized in six aspects. The first is to pay more attention to subject convenience, so that honest and compliant entities can handle their business faster and more efficiently. Second, continue to reduce prior administrative licensing matters, and pay more attention to management during and after the fact. Third, pay more attention to local and foreign currency collaboration. Various types of cross-border investment and financing services have basically implemented a set of local and foreign currency rules, which can be handled in a one-stop manner at foreign exchange offices or banks. Fourth, pay more attention to technological empowerment and use blockchain technology to build a cross-border financial service platform. Fifth, pay more attention to policy evaluation and establish two evaluation mechanisms, “foreign exchange policy effectiveness” and “regional foreign exchange ecology.” The sixth is to keep the bottom line of safety under open conditions.

Bureau of Foreign Exchange: The basic ideas of foreign exchange facilitation reforms in recent years are summarized in six aspects. The first is to pay more attention to subject convenience, so that honest and compliant entities can handle their business faster and more efficiently. Second, continue to reduce prior administrative licensing matters, and pay more attention to management during and after the fact. Third, pay more attention to local and foreign currency collaboration. Various types of cross-border investment and financing services have basically implemented a set of local and foreign currency rules, which can be handled in a one-stop manner at foreign exchange offices or banks. Fourth, pay more attention to technological empowerment and use blockchain technology to build a cross-border financial service platform. Fifth, pay more attention to policy evaluation and establish two evaluation mechanisms, “foreign exchange policy effectiveness” and “regional foreign exchange ecology.” The sixth is to keep the bottom line of safety under open conditions.