China Forex Regulator Policies Unveiled to Boost Cross-Border Finance

China forex regulator policies have been announced to deepen reforms in cross-border investment, financing and foreign exchange management, covering FDI, corporate borrowing and overseas individual property purchases. The State Administration of Foreign Exchange said preliminary FDI-related fees will no longer require registration, while forex profits from FDI can be reinvested domestically. Restrictions on capital account income will be eased, including allowing the use of forex funds for non-owner-occupied residential property purchases. Officials also pledged to simplify forex settlement and payments to support the property sector, which has faced prolonged headwinds. SAFE said the measures aim to adapt to evolving market conditions, refine the negative list of forex uses and ensure stable capital flows.