Home> Doing Business  >    Policies

Foreign exchange administration policies

Updated: 2016-03-01

1. For import and export with enterprises outside the zone, enterprises in the zone are not responsible for collection verification and writing-off proceeds in terms of offshore enterprises. Enterprises outside of the zone within China are responsible for collection verification and writing-off proceeds.

2. Enterprises should present import cargo records, business documents and other effective credentials in terms of payment for cargo imported from abroad.

3. Enterprises outside the zone within China that purchase cargo from enterprises in the zone should present customs import declarations, other prescribed effective credentials and business documents for payment. They could pay abroad directly by entry cargo records (cargo from enterprises outside of China) or import cargo records (cargo from enterprises within China)

4. Enterprises outside the zone within China can collect foreign exchange products by presenting customs export declarations and other effective prescribed credentials and business documents in terms of import and export business with enterprises in the zone.

They can collect foreign exchange products abroad directly only with customs export declarations.