what does the term “willingness exchange settlement” mean when used in conjunction with foreign exchange capital for enterprise with foreign investment? -金沙js9线路中心
updated:2014-12-05
it applies to the amount of foreign exchange capital which contribution interests are confirmed by its local administration of foreign exchange within an enterprise with foreign investment’s capital account that can be used to apply for settlement at a bank in accordance with the actual operating needs of said enterprise. please refer to “the notice on pilot reform of the administrative approach regarding the settlement of the foreign exchange capitals of foreign-invested enterprises in certain areas” (no. 36 [2014] issued by the state administration of foreign exchange) for details.