Circular of the State Administration of Foreign Exchange on Issoues Concerning Administration of Overseas Organizations' Foreign Exchange Accounts in China

For the purpose of regulating the opening and use of foreign exchange accounts in China by overseas organizations.facilitating investment in trade and preventing financial risks,the State Administration of Foreign Exchange issued Circular of the State Administration of Foreign Exchange on Issues Conceming Administration of Overseas Organizations'Foreign Exchange Accounts in China,which entered into force on Aug.1,2009.