上海自贸区金融改革开放成效显著 - 2018年11月21日

INNOVATION in the financial sector has been at the forefront of China (Shanghai) Pilot Free Trade Zone reforms over the past five years, and measures such as free trade accounts have been great facilitators for real economic development.
Launched by China’s central bank in 2014, the free trade account for Shanghai’s free trade zone functions as an instrument to test the country’s capital account conversion in a risk-controlled environment.
Thanks to this innovation among China’s broader financial reforms, companies registered in the area will be able to use the account for financing, investment and carry out other cross-border transactions.