China's forex regulator to roll out new policies for innovative trade growth


BEIJING, Oct. 27 (Xinhua) -- China's foreign exchange (forex) regulator will roll out new policies aimed at promoting innovative growth in trade, said Zhu Hexin, deputy governor of the central bank and head of the State Administration of Foreign Exchange (SAFE), at the Annual Conference of Financial Street Forum 2025 on Monday.

SAFE will also introduce policies for a cash-pooling program that integrates domestic and foreign currency management for multinational enterprises, the management of funds among domestic companies listed abroad, and integrated forex management reforms and innovations in free trade zones, Zhu said.

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