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State Administration of Foreign Exchange: Enriching foreign exchange hedging products and guiding enterprises to establish the concept of exchange rate risk neutrality e company news, the party group of the State Administration of Foreign Exchange reported on the 8th round of rectification and development of the 19th Central Committee: Coordinate financial services for epidemic prevention and control and economic and social development, implement the foreign exchange support policies that have been introduced, and further promote cross-border trade and economic development. Investment and financing facilitation. We will steadily and orderly advance the high-level opening of the capital account. Support regional opening up and innovation, and steadily advance the pilot program of high-level opening up of cross-border trade and investment. Vigorously cultivate and develop the foreign exchange market, enrich foreign exchange hedging products, guide enterprises to establish the concept of exchange rate risk neutrality, and better manage exchange rate risks. Enrich and expand the application scenarios of the cross-border financial service platform to facilitate cross-border financing of small and medium-sized foreign trade enterprises. Improve the management level of foreign exchange reserves, and promote the building of professional investment capacity, technological operation capacity, and market-oriented institutional governance capacity. Accelerate the revision of the "Regulations on Foreign Exchange Administration" and consolidate the legal foundation in the foreign exchange field. |