The central bank and eight other departments: Pilot the integrated fund pool business for multinational companies in both domestic and foreign currencies in conditional areas with high and low versions

The People's Bank of China and eight other departments issued the "Opinions on Financial Support for Accelerating the Construction of the New Western Land-Sea Corridor." The "Opinions" propose to facilitate cross-border investment and financing. Pilot programs for integrated currency pools for multinational corporations will be carried out in qualified regions. The foreign exchange registration procedures for capital projects will be simplified, allowing qualified non-financial enterprises to handle foreign debt business foreign exchange registration directly at banks in qualified regions, and supporting foreign-invested enterprises' domestic reinvestment without registration