Foreign Exchange Bureau: Promote the construction of cross-border financial blockchain service platform and improve the level of trade and investment facilitation

On March 27, the State Administration of Foreign Exchange issued a report on China's balance of payments in 2019. The report states that in 2020, foreign exchange administrations will continue to improve the level of trade and investment facilitation. On the one hand, we will deepen reform and opening up in the foreign exchange field, serve the country's new pattern of comprehensive opening up, and serve the economic development of the 56 economies. Promote trade and investment liberalization and facilitation and high-quality development, seriously implement the 12 facilitation measures reviewed and approved by the State Council Standing Committee, launch more foreign exchange facilitation policies and measures, support new trade formats, and promote the construction of cross-border financial blockchain service platforms To reduce the impact of the new crown pneumonia epidemic on trade and investment activities, and enhance the ability of foreign exchange management to serve the real economy. On the other hand, strengthen bottom-line thinking, prevent cross-border capital flow risks, and maintain national economic and financial security.