People's Bank of China and State Administration of Foreign Exchange, Adjusting Some of the Administrative Measures on Purchase of Foreign Exchange for Capital Account Items Circular

中国人民银行、国家外汇管理局关于调整资本项下部分购汇管理措施的通知

October 31, 2001 | BY

clpstaff &clp articles &

Issued: September 19 2001Effective: as of date of issueMain contents: The Circular lifts the restriction on purchase of foreign exchange for repayment…

Clp Reference: 3810/01.09.19 Promulgated: 2001-09-19 Effective: 2001-09-19

Issued: September 19 2001
Effective: as of date of issue

Main contents: The Circular lifts the restriction on purchase of foreign exchange for repayment of overdue foreign exchange loans taken out inside China. It also relaxes the restrictions on purchase of foreign exchange for prepayment of foreign exchange loans taken out inside China, foreign debts converted into loans and foreign debts. The restriction on purchase of foreign exchange for investment outside China is also relaxed.

clp reference:3810/01.09.19promulgated:2001-09-19effective:2001-09-19

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