2026-08-28
Profit repatriation is a routine, lawful current-account transaction, freely permitted since 1996 current-account convertibility — not a capital-control event. 利润汇出是常规、合法的经常项目交易，自 1996 年经常项目可兑换以来自由允许，并非资本管制事件。The profit must be genuinely after-tax: pay...
2026-08-28
The Action Plan for the Development of Offshore Finance in the Shanghai International Financial Centre was signed on 11 June 2026 by six authorities and formally released at the...
2026-08-28
QFLP turns offshore capital into onshore RMB fund and equity investment, via a qualification approval and an FX supervision procedure. QFLP经资格审批与外汇资金监管程序，将境外资本兑换为人民币，投资境内基金与股权。Two tiers: a pilot fund management enterprise plus...
2026-08-28
The PBoC and SAFE issued the *Administrative Measures for Outbound Lending by Domestic Enterprises* (Yin Fa No. 63), effective 20 April 2026, unifying RMB and FX outbound lending...
2026-08-28
In 2026, SAFE branch offices in Guangdong, the China (Heilongjiang) Free Trade Zone and Chongqing moved external-debt signing (and change) registration for non-financial enterprises from the administration to banks,...
2026-08-28
The PBoC and SAFE have extended the pilot policy for cross-border centralized operation of domestic and foreign-currency funds by multinational corporations to the entire country, effective 14 September 2026....
2026-08-28
China has extended its RMB-FX cross-border cash-pooling regime to the entire country, lowering the barrier for small and mid-sized multinational groups to centralise treasury operations. 中国已将本外币跨境资金集中运营业务推广至全国，降低了中小型跨国集团统筹资金管理的门槛。The scheme lets...
2026-08-28
On 26 December 2025, the People's Bank of China and SAFE issued the *Notice on Cross-Currency Cash Pooling for Multinational Companies* (Yin Fa No. 251), extending the integrated...
2026-08-28
A company incorporated in China, or incorporated abroad but effectively managed in China, is a Chinese tax resident and is taxed on its worldwide income, not merely its China-source...
2026-08-28
The security assessment is the highest-threshold of China's three data-export routes and is mandatory when a Critical Information Infrastructure Operator (CIIO) exports personal information, or when any processor exports...