Other Briefings
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China Issues Q&As on Foreign Exchange Reform for Service Trade
Jul. 31 – China’s State Administration of Foreign Exchange (SAFE) released a set of Q&As regarding the “Circular on Foreign Exchange Administration Reform for Service Trade (hereinafter referred to as the ‘Circular’)” on July 24. Detailed information can be found below.
China Looks to Transform Its Financial Sector
Jul. 17 – China’s State Council issued the “Guiding Opinions on Financial Support for Adjusting, Transitioning and Upgrading of the Economic Structure (guobanfa [2013] No.67, hereinafter referred to as ‘Opinions’)” on July 5, which reiterate that the government will maintain a prudent monetary policy and a reasonable money and credit supply to support economic restructuring. […]
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