The People's Bank of China and five other departments: Support the legal cross-border purchase of certain types of overseas financial services and facilitate foreign investors' investment in related remittance in and out
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The People's Bank of China and five other departments issued "Opinions," proposing 20 policy measures to support foreign financial institutions and Chinese financial institutions in providing similar new financial services, simplifying application processes, promoting cross-border purchases of overseas financial services, facilitating the fund transfers of foreign investors, improving arrangements for the cross-border flow of financial data, and strengthening financial regulation
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