The “Notice of the State Administration of Foreign Exchange on Matters Related to Further Optimizing Cross-border Investment and Financing Facilitation Policies” was publicly solicited for comments. Among them, it is proposed that in terms of improving the level of direct investment facilitation, the first is to facilitate direct settlement and payment of capital project income to further improve the efficiency of foreign investment. The second is to facilitate the remittance of foreign direct investment reserves and simplify the procedures for remittance of small daily operating expenses of overseas enterprises. The third is to simplify foreign direct investment fund remittance review materials to prevent enterprises from repeatedly providing documents. Fourth, optimize the review of the remittance of foreign direct investment funds to ensure the efficient and convenient use of the normal operating capital of enterprises.

The “Notice of the State Administration of Foreign Exchange on Matters Related to Further Optimizing Cross-border Investment and Financing Facilitation Policies” was publicly solicited for comments. Among them, it is proposed that in terms of improving the level of direct investment facilitation, the first is to facilitate direct settlement and payment of capital project income to further improve the efficiency of foreign investment. The second is to facilitate the remittance of foreign direct investment reserves and simplify the procedures for remittance of small daily operating expenses of overseas enterprises. The third is to simplify foreign direct investment fund remittance review materials to prevent enterprises from repeatedly providing documents. Fourth, optimize the review of the remittance of foreign direct investment funds to ensure the efficient and convenient use of the normal operating capital of enterprises.