On 28 February 2015, the State Administration of Foreign Exchange (SAFE) issued the Notice on Further Simplifying and Improving Direct Investment-Related Foreign Exchange Administration Policies to further reform the administration of foreign exchange and promote cross-border investment. This Notice removes the filing requirement for overseas re-investments, exempts inbound direct investments from SAFE approval and simplifies the use of foreign exchange in domestic equity purchases.
Click to read more of SAFE Lifts Foreign Exchange Registration Requirements. (Chinese only)
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