SAFE Deputy Administrator Li Bin: China Will Advance Bank Foreign Exchange Business Reform During the 15th Five-Year Plan

According to Jin10, Li Bin, a spokesperson and Deputy Administrator of China's State Administration of Foreign Exchange (SAFE), said at a State Council Information Office news conference on September 10 that China will comprehensively and deeply advance foreign exchange management reform during the 15th Five-Year Plan period and will continue building a foreign exchange management system that is more convenient, more open, safer, and smarter. He said China will vigorously promote bank foreign exchange business reform and keep improving the foreign exchange facilitation policy system of "the more trustworthy, the more convenient" and "compliant entities first."