--- title: "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" type: "News" locale: "en" url: "https://longbridge.com/en/news/225817624.md" description: "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" datetime: "2025-01-22T10:05:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/225817624.md) - [en](https://longbridge.com/en/news/225817624.md) - [zh-HK](https://longbridge.com/zh-HK/news/225817624.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/225817624.md) | [繁體中文](https://longbridge.com/zh-HK/news/225817624.md) # 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 The "Opinions" propose 20 policy measures in six areas: allowing foreign financial institutions to carry out new financial services similar to those of domestic financial institutions, making decisions on applications for related services within 120 days, supporting the lawful cross-border purchase of certain types of overseas financial services, facilitating foreign investors' investment in related transfers in and out, improving arrangements for the cross-border flow of financial data, and comprehensively strengthening financial regulation. Risk Warning and Disclaimer The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at their own risk ### Related Stocks - [Direxion Daily FTSE China Bull 3X ETF (YINN.US)](https://longbridge.com/en/quote/YINN.US.md) - [Direxion Daily FTSE China Bear 3X ETF (YANG.US)](https://longbridge.com/en/quote/YANG.US.md) - [XI2CSOPHSTECH (07552.HK)](https://longbridge.com/en/quote/07552.HK.md) - [XL2CSOPHSTECH (07226.HK)](https://longbridge.com/en/quote/07226.HK.md) - [BOB (601169.CN)](https://longbridge.com/en/quote/601169.CN.md) - [BANKOFZHENGZHOU (06196.HK)](https://longbridge.com/en/quote/06196.HK.md) ## Related News & Research - [Worried About Inflation? Take a Look at These 2 Warren Buffett Stocks.](https://longbridge.com/en/news/281060466.md) - [Fortis Healthcare unit receives income tax order with demand of 1.49 billion rupees](https://longbridge.com/en/news/281307894.md) - [What You Need to Know Ahead of AT&T‘s Earnings Release](https://longbridge.com/en/news/280986472.md) - [Alibaba Exec Explains Why AI Agents Are The New Employees](https://longbridge.com/en/news/281049911.md) - [Laopu Gold Co. Ltd. Class H (6181) Receives a Buy from CGS International](https://longbridge.com/en/news/281138022.md)