China expands high-level opening-up trials for cross-border trade, investment

BEIJING - China's State Administration of Foreign Exchange on Friday announced the expansion of pilot programs of high-level opening-up policies for cross-border trade and investment throughout Shanghai, Jiangsu, Guangdong, Beijing, Zhejiang, and Hainan.

The move will facilitate more business entities to conduct cross-border trade and investment in a compliant manner and promote high-quality development through high-level opening-up.