On August 1, the State Administration of Foreign Exchange held a video exchange meeting on foreign exchange management work for the second half of 2026. The conference laid out key tasks for foreign exchange management in the second half of 2026. Among them, it is mentioned that institutional openness in the foreign exchange sector will be steadily expanded. Promote trade facilitation reforms, introduce a package of measures to optimize foreign exchange management for current accounts, comprehensively promote a policy to facilitate foreign exchange payments at a high level for cross-border trade, support the development of new forms of trade such as cross-border e-commerce, optimize the settlement of foreign exchange funds for trade in services, and do a good job of supporting the development of trade in intermediates. Promote a high level of opening up capital projects in an orderly manner, introduce a package of policies to facilitate cross-border investment and financing, promote the centralized operation policy of multinational companies' domestic and foreign currency cross-border capital throughout the country, introduce foreign exchange management regulations for domestic foreign exchange loans, and steadily expand financial market connectivity. Build strong external shock breakwaters. Strengthen the monitoring of cross-border capital flows, continuously improve macroprudential management and expectation management, and take comprehensive measures to maintain the stability of the foreign exchange market.

On August 1, the State Administration of Foreign Exchange held a video exchange meeting on foreign exchange management work for the second half of 2026. The conference laid out key tasks for foreign exchange management in the second half of 2026. Among them, it is mentioned that institutional openness in the foreign exchange sector will be steadily expanded. Promote trade facilitation reforms, introduce a package of measures to optimize foreign exchange management for current accounts, comprehensively promote a policy to facilitate foreign exchange payments at a high level for cross-border trade, support the development of new forms of trade such as cross-border e-commerce, optimize the settlement of foreign exchange funds for trade in services, and do a good job of supporting the development of trade in intermediates. Promote a high level of opening up capital projects in an orderly manner, introduce a package of policies to facilitate cross-border investment and financing, promote the centralized operation policy of multinational companies' domestic and foreign currency cross-border capital throughout the country, introduce foreign exchange management regulations for domestic foreign exchange loans, and steadily expand financial market connectivity. Build strong external shock breakwaters. Strengthen the monitoring of cross-border capital flows, continuously improve macroprudential management and expectation management, and take comprehensive measures to maintain the stability of the foreign exchange market.