Institutional Opening-Up Measures Promoted Nationwide
Dec 2024
On 25 October, the State Council issued a circular calling for efforts to replicate and promote experimental measures to align with international economic and trade rules and standards, and to steadily expand institutional opening-up. In pilot free trade zones, measures to be promoted include permitting foreign financial institutions to offer new financial services, and allowing enterprises and individuals to purchase offshore financial services. Measures that will be promoted nationwide include free inward and outward remittance of all relevant transfers of funds by foreign investors.