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The branches and foreign exchange administrative departments of the State Administration of Foreign Exchange in all provinces, autonomous regions, and municipalities directly under the Central Government, and the branches of the State Administration of Foreign Exchange in Shenzhen, Dalian, Qingdao, Xiamen, and Ningbo:
To further improve the regulatory system of foreign exchange administration, we hereby notify you regarding the repeal and invalidation of the following regulatory documents on foreign exchange administration:
I. Fifteen regulatory documents of which the main content has been replaced by new content and do not conform to the present actualities in the administration shall be repealed (see Annex 1 for the Checklist).
II. Nine regulatory documents that have been invalidated due to either the expiration of the period of application or to the elimination of the objects of regulation (see Annex 2 for the Checklist).
This Circular shall come into force as of the date of promulgation.
April 13, 2010
Annex 1: Checklist of Fifteen Regulatory Documents on Foreign Exchange Administration Repealed by the State Administration of Foreign Exchange
| SN
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Title of Law, Regulation, or Document
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Document No.
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| 1
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Reply on Several Issues Concerning the Interim Provisions for the Statistics and Monitoring of External Debts
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Huiguanzhaizi No. 713 [1987]
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| 2
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Circular on the Relevant Issues Concerning the Issuance of Foreign Exchange Settlement Vouchers/ Acknowledgement Receipts by Banks
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Huiguanhanzi No. 284 [1993]
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| 3
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Circular on the Relevant Issues on Completing and Reporting the Revenue and Expenditure Statistical Tables of Foreign Exchange Accounts
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Huichuan No. 03 [1998]
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| 4
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Circular of the State Administration of Foreign Exchange on Earnestly Implementing the Off-site Supervisory System for the Foreign Exchange Business of Financial Institutions
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Huiguanhanzi No. 004 [1998]
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| 5
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Circular on Improving the Administration of Sales and Payments of Foreign Exchange
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Huihan No. 27 [1998]
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| 6
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Reply on the Relevant Issues Concerning the Additional Launching of International Express Payment Services
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Huifu No. 44 [1999]
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| 7
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Reply on the Relevant Issues Concerning Foreign Exchange Administration Regarding the Transfer of the Development Fund and the Reserve Fund to Increase the Registered Capital by Foreign-funded Enterprises
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Huifu No. 203 [2000]
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| 8
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Circular of the State Administration of Foreign Exchange on Determining the Period for Implementation of the Supplementary Circular on Strengthening the Administration of Contracts Introducing Technology and Foreign Exchange Sales and Payments
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Huifa No. 90 [2001]
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| 9
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Reply of the State Administration of Foreign Exchange on the Relevant Issues on Delegating the Quotas for Short-term External Debts to Branches by Chinese-funded Designated Foreign Exchange Banks
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Huifu No. 64 [2001]
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| 10
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Circular of the State Administration of Foreign Exchange on the Relevant Issues Concerning Foreign Exchange External Payments of Maritime Freightage and Relevant Charges
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Promulgated and came into force on August 15, 2001
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| 11
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Reply of the State Administration of Foreign Exchange on the Relevant Issues Concerning Foreign Exchange Registration for the Purchase of Domestic Land-use Rights by Foreign Investors
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Huifu No. 156 [2002]
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| 12
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Circular of the State Administration of Foreign Exchange on the Relevant Issues Concerning the Abolition of the Administrative Examination and Approval Items for Foreign Exchange Administration under the Current Account
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Huifa No. 53 [2003]
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| 13
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Reply of the State Administration of Foreign Exchange on Issues Concerning the Entrusted Banks of the Domestic Foreign Exchange Entrusted Loans among the Internal Members of Multinational Companies
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Huifu No. 107 [2005]
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| 14
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Reply of the State Administration of Foreign Exchange on Retaining Foreign Exchange Proceeds Earned from the Transfer of Shares by Domestic Institutions and Individuals
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Huifu No. 239 [2007]
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| 15
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Reply of the General Affairs Department of the State Administration of Foreign Exchange on the Applicability of Laws and Regulations Concerning the Enterprises Handling of the Registration Formalities for Deferred Payments for the Second Time of Foreign Exchange
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Huizongfu No. 2 [2008]
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Annex 2: Checklist of Nine Regulatory Documents on Foreign Exchange Administration Invalidated upon Announcement by the State Administration of Foreign Exchange
| SN
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Title of Law, Regulation or Document
|
Document No.
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| 1
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Circular on the Relevant Issues Concerning the Transitional Period of the Reform of the Foreign Exchange Administration System
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Huichuan No. 5 [1994]
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| 2
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Circular on Adjusting the Debt Structure and Reducing the Interest Rate for External Debts
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Huizihanzi No. 121 [1995]
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| 3
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Circular on Printing and Distributing the Foreign Exchange Inspection Workflow
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Huibanhanzi No. 211 [1998]
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| 4
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Circular on Ceasing the Handling of International Settlement Business in RMB by Your Bank
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Huifa No. 51 [1998]
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| 5
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Circular on the Issuance of the Plan on the Punishments for Violations of Regulations by Travel Agencies and the Plan on the Punishments for Violations of Regulations on Reporting the Loss of the Verification and Writing-off Forms
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Huifu No. 347 [2000]
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| 6
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Circular on Preventing Some Overseas Financial Institutions from Selling Counterfeit Securities in the Name of the World Bank
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Huizongfa No. 12 [2000]
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| 7
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Urgent Circular of the State Administration of Foreign Exchange on Doing a Good Job at Present in the Verification and Writing-off of Export Proceeds in Foreign Exchange
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Huifa No. 182 [2001]
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| 8
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Reply of the State Administration of Foreign Exchange on Authorizing its Shanghai Branch to Improve Foreign Exchange Administration of Foreign Exchange Loans of Foreign-funded Financial Institutions in Shanghai
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Huifu No. 293 [2003]
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| 9
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Circular of the General Affairs Department of the State Administration of Foreign Exchange on Relevant Issues Concerning the Verification and Writing-off of the Collection of Export Proceeds in Foreign Exchange (2004)
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Huizongfa No. 26 [2004]
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