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China's SAFE to Roll Out Three Incremental Policies
China's State Administration of Foreign Exchange plans three new policies to help companies better allocate global resources.
In brief
China's State Administration of Foreign Exchange plans three new policies to help companies better allocate global resources. China's SAFE will roll out three incremental policies to improve companies' ability to allocate global resources. Originally reported by BigGo Finance.
SAFE to Roll Out Three Policies
China's State Administration of Foreign Exchange plans three incremental policies to improve companies' ability to allocate global resources.
Zhu Hexin Announces Policy Rollout
Zhu Hexin, deputy governor of the People's Bank of China and SAFE administrator, revealed plans for three policy packages at the 2026 Financial Street Forum Annual Conference.
Three Policy Packages
The policies include current account facilitation, capital account foreign exchange management, and expanded securities firms' foreign exchange settlement pilot programs.
Policy Impact by September
As of September 2025, these policies have benefited over 150,000 market entities with business volume exceeding $3 trillion.
Market Entities' Growing Role
The share of external assets held by companies, banks, and other entities in China's total external financial assets rose from 30% in 2010 to nearly 70% by 2025.
Current Account Facilitation
SAFE will optimize current account foreign exchange services to meet foreign trade companies' diversified settlement needs and support new trade models.
Capital Account Optimization
SAFE aims to facilitate companies' cross-border investment, financing, and capital allocation while serving both 'bringing in' and 'going global' needs.
Foreign Exchange Market Expansion
The pilot program for securities firms' foreign exchange settlement and sales business will expand to strengthen exchange rate risk management for small and medium enterprises.
The big picture
China's SAFE will roll out three incremental policies to improve companies' ability to allocate global resources.
