State Administration of Foreign Exchange: Promote the construction of a cross-border financial blockchain service platform

According to the official website of the State Administration of Foreign Exchange, the National Working Conference on Foreign Exchange Management was recently held in Beijing. The conference deployed key tasks in foreign exchange management in 2020, including supporting new trade formats and advancing the construction of cross-border financial blockchain service platforms. We will deepen the reform of "decentralization and management services" and support the pilot reform of foreign exchange management reforms in the Pilot Free Trade Zone, Hainan Free Trade Port, and the Guangdong-Hong Kong-Macao Greater Bay Area. Build an open and competitive foreign exchange market.