B · Normal
[The fund pool policy of multinational companies will be extended nationwide from today] On September 14th, the "Notice on Matters Concerning the Centralized Operation of Cross-border Funds in Domestic and Foreign Currency by Multinational Companies" came into effect today (14th). The New Deal extends the pilot policy for the centralized operation of cross-border funds in domestic and foreign currencies by multinational companies to the whole country, benefiting more business entities; it allows multinational companies to independently determine the collection ratio, use the same account to manage local and foreign currency funds, achieve overall planning and allocation at the group level, and flexible use at the member enterprise level, and encourage priority to use local currency to conduct business. (CCTV News)
Comments