三 departments: Steadily enhance the openness of the financial sector

Odaily Odaily reports that the Ministry of Commerce, the National Development and Reform Commission, and the Ministry of Finance have jointly issued the "Action Plan for Stabilizing and Optimizing Foreign Investment Utilization." The plan states the need to steadily enhance the openness of the financial sector. On the premise of improving regulatory coordination and risk prevention and control, it supports more foreign institutions in utilizing risk management tools, including government bond futures, to strengthen financial risk management. Foreign institutions are also supported in lawfully conducting fund investment advisory business. Cross-border business management will be optimized, providing cross-border financing facilitation quotas for key foreign-invested enterprises.

Guide domestic banks to offer "agency document preparation" international settlement document services for large foreign-invested enterprises. Optimize pre-communication services for exchange listing applications, supporting qualified key foreign-invested enterprises in listing and financing domestically. (Jin Shi)