Detailed Rules for the Implementation of the Guidelines for Foreign Exchange Administration of Trade

Foreign exchange control refers to the restrictive measures imposed by a country** on the inflow and outflow of foreign exchange in order to balance the balance of payments and maintain the exchange rate of the national currency. In China, it is also known as foreign exchange management. After receiving the export payment, it must be declared to the foreign exchange management agency, and all or part of the foreign exchange settlement and sale to the designated foreign exchange bank according to the official exchange rate and the management regulations.

In addition, in order to encourage exports, many countries implement export tax rebates, export credits and other measures, while some commodities, technologies and strategic materials that are urgently needed, insufficient or have a significant impact on the national economy and people's livelihood are restricted from exporting, and the export license system is usually implemented. (2) In order to restrict the import of certain commodities and reduce foreign exchange expenditures, the measures generally adopted by countries that implement strict foreign exchange control on the control of import and payment of foreign exchange are: import deposit pre-payment system

It means that when importing a certain commodity, the importer shall deposit a certain amount of import payment with the designated bank, and the bank shall not pay interest, and the amount shall be determined according to a certain proportion according to the category of imported goods or the country to which it belongs. Import Licensing System: It means that importers can only purchase the foreign exchange required for import if they obtain an import license issued by the relevant Sunai authorities.

The issuance of an import license usually takes into account the quantity of imports, the structure of the imported goods, the country of production of the imported goods, and the conditions of payment for imports. (3) The control of non-** foreign exchange The management of non-** foreign exchange generally adopts the following methods: direct restrictions, maximum limits, registration systems, and special approvals.

4) The control of capital export and import, the capital account is an important part of the balance of payments, so both developed countries and developing countries attach great importance to the import and export of capital, and according to different needs, the implementation of different degrees of management of capital output and import. The main content of foreign exchange control includes the above four aspects, mainly the control of export foreign exchange income, the control of import foreign exchange payment, the control of non-** foreign exchange and the control of capital export and import, I hope the above introduction can help you.

On July 18, 2013, the State Administration of Foreign Exchange (SAFE) issued the Detailed Rules for the Implementation of the Guidelines for Foreign Exchange Administration of Services** by Hui Fa No. 2013 No. 30. The "Detailed Implementation Rules" are divided into 37 articles in 5 chapters, including review of foreign exchange receipts and expenditures, overseas management of deposits, supervision and management, legal liability, and supplementary provisions.

Circular of the State Administration of Foreign Exchange on Printing and Distributing Foreign Exchange Management Regulations on Services**.

Branches and foreign exchange administration departments of all provinces, autonomous regions and municipalities directly under the Central Government of the State Administration of Foreign Exchange, and branches of Shenzhen, Dalian, Qingdao, Xiamen and Ningbo; All Chinese-funded foreign exchange designated banks:

In order to improve the foreign exchange management of services, promote the facilitation of investment, and serve the development of foreign-related economies, the State Administration of Foreign Exchange has formulated the Guidelines for Foreign Exchange Administration of Service ** (see Annex 1) and the Detailed Rules for the Implementation of the Guidelines for Foreign Exchange Administration of Service ** (see Annex 2), allowing Sun Qin to abolish a series of documents at the same time (see Annex 3 for the table of contents). The relevant documents are hereby issued to you, and you are requested to comply with them, and the relevant issues are notified as follows:

1. All sub-bureaus and foreign exchange administration departments shall do a good job in publicizing and interpreting laws and regulations, and publicize consultations. All banks should make preparations before the implementation of the document and the implementation of the document after the formal implementation of the document.

2. After receiving this Circular, all sub-bureaus and foreign exchange administration departments shall promptly open up the central sub-branches (sub-branches), local commercial banks and foreign-funded banks within their jurisdiction. After receiving this notice, all designated Chinese-funded foreign exchange banks shall promptly ** their subordinate branches.

3. After the implementation of this Notice, if the previous provisions are inconsistent with the content of this Notice, this Notice shall prevail.

If you encounter any problems during the implementation of the document, please give feedback to the Regular Project Management Department of the State Administration of Foreign Exchange in a timely manner.

Notice is hereby given. Attachments: 1Services**Foreign Exchange Management Guidelines (omitted).

2.Services**Detailed Rules for the Implementation of the Foreign Exchange Administration Guidelines.

3.Deprecation of file directories (omitted).

Safe.

July 18, 2013.

Article 1 These detailed rules are formulated in accordance with the Guidelines for the Pilot Program of Foreign Exchange Administration of Goods** and relevant regulations.

Article 2 Institutions engaged in foreign export (hereinafter referred to as enterprises) shall, after exporting, collect the payment in time and in full according to the contract or store them abroad in accordance with the regulations; After importation, the payment shall be made in time and in full according to the contract.

After receiving the payment, the enterprise shall export the goods in a timely manner and in full according to the contract; After paying for the goods, the goods shall be imported in time and in full according to the contract.