Home:China Service Mall >> Business in China >> Law Firm in China >> Rules for the Implementation of Foreign Exchange Control
Rules for the Implementation of Foreign Exchange Control
Editor:at0086   |  Resource:AT0086.com
Rules for the Implementation of Foreign Exchange Control Relating to Foreign Institutions in China and Their Personnel
Article　 1.　 These　Rules　are　formulated　in　order to implement　the　provisions　 of　 Articles　 20　and　21　of the Interim Regulations　on　Foreign　Exchange　Control　of the People's Republic of China.
 
Article　 2.　 Convertible　foreign exchange and Renminbi foreign exchange　instruments　 remitted or brought in from foreign countries or from　 Hongkong,　Macao　 or　 other　 regions　 by　foreign　diplomatic missions,　consular　missions　and　 commercial　missions　in　China, by offices　　of　　international　 organizations　 and　　non-governmental institutions　 in　China　(hereafter　referred　to　as "institutions　in China"),　and by diplomats, consuls and permanent personnel attached　to the　 various　 institutions　 in　China,　may　be　kept　in　their　own possession,　 or　 sold　 to　 or　 deposited　in　the Bank of China, or remitted　abroad.　 If　 they　 are　to　be　taken　abroad,　the　matter shall　be　handled　according　 to　the　Rules　for　the　Implementation of　Controls Relating to Carrying　Foreign Exchange, Precious Metals and Foreign Exchange Instruments Into and Out of China.
 
Article　 3.　 In　 regard　to countries that have signed payment agreements　with　 China,　 their　 institutions　in China and personnel thereof　shall only receive　payment　in　Renminbi when foreign exchange remittances to them are effected through a clearing account.
 
Article　 4.　 If　 foreign　 diplomatic　 missions　and consular missions　in　China　request　that　the visa fees and certification fees that　they receive in　Renminbi　from Chinese citizens be converted into foreign　exchange,　they　must　 file　 a　written　application with the State　General　Administration　of　Exchange　 Control　 or　its　branch office　in their locality, and the matter shall be handled in accordance with the approval received.
 
Article　 5.　If　institutions　in China and their personnel sell various　kinds　 of　 articles,　 equipment　and　appliances, etc., that they　previously brought　into China from abroad or from Hongkong, Macao or　other　regions,　or that　they　bought　in　China, the Bank of China shall　not　provide them with foreign exchange for the Renminbi proceeds they receive from the sale.
 
Article　6.　These Rules shall be promulgated and put into effect by the State General Administration of Exchange Control.
China Service Reservation
  • Visa to ChinaChina Visa-China Visa application-China visa service China Visa , China Visa application , China visa service

    Get your China visa today, from China visa service center you trust-at0086 China Service Mall. We serve residents of all countries who want to get the China visa application Easy, fast, affordable, reliable.

  • Find a hotelFind a china hotel-china hotel reservations online Find a china hotel-china hotel reservations online

    Want to find a hotel in china including Beijing hotel, Shanghai hotel and Guangzhou hotel? We offer china hotel reservations. Just click and choose what your needed, we will exert our energy to help you find a hotel in china. Make your China hotel reservation online booking now!

  • Translation services Translation services-provide you professional translation and interpreting services Translation services-provide you professional translation and interpreting services

    Need Translation service in China including in Shanghai and in Beijing? At0086 China Service Mall provides some practical information about translation service in China. Just click and choose what your needed, we will exert our energy to help you find good translators and interpreters. Easy, fast, affordable, reliable.

  • Rent a car rent a car in China-car rental from at0086 rent a car in China-car rental from at0086

    Want to rent a car in China ? You can find car rental service in Beijing and in Shanghai from China Service Mall-the worldwide greatest reservation center for china service and rent a car in China in cheap price. Reserve your car rental service from at0086.

  • China travelChina tours guide-China travel-book your China tour package China tours guide , book your China tour package

    China tours guide provide you china travel including Beijing tour, Shanghai tour, Xian tour, Yunnan tour and Tibet travel information. You can book china tour package from China Service Mall. Click here for china tours guide information.

  • Office leaseoffice for rent-ask for office lease in China office for rent-ask for office lease in China

    Want to find an office for rent in china including in Beijing or in Shanghai? We offer office lease reservations. Just click and choose what your needed, we will exert our energy to help you find office for lease in china. Make your office lease reservation online booking now!

  • China investmentChina investment, China trade, China investment information China investment, China trade, China investment information

    Ask for China investment? You can refer to China investment information or service reservation of investment in china provided by At0086 China Service Mall.

Business service in China
Useful information