Wenzhou Foreign Trade Administration of Foreign Exchange propelled the development of the top ten initiatives

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Wenzhou, Wenzhou People's Daily Foreign Exchange: Top Ten boost foreign trade development initiatives
2010   03   18  16:49
Wenzhou People's Daily News Channel on March 18 (Chief Reporter Cai Qingzhen) reporter from the Yesterday the city held the meeting was informed that the foreign exchange management this year, the State Administration of Foreign Exchange will launch ten branch offices in Wenzhou city initiatives, boost economic development of Wenzhou's foreign trade.
According to reports, in 2009, Wenzhou City Administration of Foreign Exchange under the general arrangements adjust the direction and focus of foreign exchange management, issued a response to the international financial crisis, a number of measures, such as the difference between the implementation of export to Russia to write off shoe; full payment for the record in different places to promote reform of the Yangtze River Delta; carry out the ; and so on. These measures in order to actively cope with the international financial crisis, to promote stable and rapid economic development of Wenzhou Foreign played an active role.
this year, foreign trade import and export management will be introduced include improved verification procedures, to promote the export tax rebate paperless, relaxation import and export of the receipt and payment verification conditions, explore the establishment of early warning mechanism for export verification to reduce the corporate tax losses and other ten measures. In order to meet the background with the authenticity of the trade needs of the enterprise trade credit lines, the SAFE program allows it to cross transfer financing to accelerate the pace of cash flow. for those service outsourcing enterprises, SAFE will also simplify procedures for foreign exchange income and expenditure review. In order to simplify the approval procedures for foreign investment, increase the financing of enterprises to go out follow-up support, Wenzhou SAFE abolished the foreign exchange sources of funds remitted to review and approval of such procedures, the use of offshore loans domestic enterprises, foreign loans and other internal security policies to address the overseas investment by domestic individuals try to facilitate the individual programs and channels through legitimate the city's foreign exchange management was also clearly stated in 2010, will focus on foreign exchange management departments to combat all kinds of illegal activities, and increase efforts to deal with the influx of illegal funds to crack down on border tax evasion and other illegal foreign exchange activities.