Issued by: State Administration of Foreign Exchange
Effective Date: October 31, 2024
Links: https://www.safe.gov.cn/safe/2024/1031/25284.html

This facilitation policy expands the scope of pilot programs, exempting foreign-invested enterprises from FDI registrations for re-investment in China and enabling banks to directly register foreign loans, to additional regions including Tianjin, Anhui, Shandong, Hubei and Sichuan Provinces. The expanded pilot regions are as follows:

1. Shanghai, Beijing, Tianjin, Chongqing, Jiangsu, Zhejiang, Guangdong, Hainan, Sichuan, Fujian, Anhui, Shandong, Hubei, Hebei Xiong’an;

2. Shaanxi (Only for exemption foreign-invested enterprises from FDI registrations for re-investment in China, while foreign loan shall still be registered with State Administration of Foreign Exchange).