On the morning of November 4th, officials from the Yiwu government held a meeting to implement the plan of deepening the financial liberalization of the pilot free trade zone (FTZ). The plan aims to achieve the free circulation of funds and focuses on the liberalization of foreign exchange settlement, the internationalization of RMB, the agglomeration of entities, the facilitation of financing, and the systemization of supervision. The plan covers 27 measures in 8 major areas.

The measures are mainly concerning the following aspects:

- bring a number of FTZ policies suitable for Yiwu, including seven measures, like “establishing one account system for both foreign and local currency, bringing in the NRA account settlement policy, and carrying out a pilot cross-border fund pool for both foreign and local currency”;

- promote a number of basic goals, including six measures, like “increasing financial recruitment efforts” and “expanding overseas RMB loans”;

- strive for a number of policies from upper-level government, including four measures, like “digital currency piloting” and “loan services for foreigners”;

- overcome a number of practical difficulties, including three measures, like “promoting the barrier-free settlement of offshore trade” and “solving the account freeze problem”;

- form a number of industrial innovation measures, including seven measures, like “exploring new barter trade model” and “strengthening the digital Comprehensive Bonded Zone.” (By Luo Hongting, translated by Lin Yuqin, edited by Mariam Ayad)

    深化金融改革 推进自贸区建设

    11月4日上午，义乌市资金自由专班召开自贸区资金自由推进会，部署落实《自贸试验区金融自由化便利化改革方案》。该方案以实现资金自由流通为目标，聚焦结汇自由化、人民币国际化、主体集聚化、融资便利化、监管体系化，涵盖8大方面27项改革举措。

     据悉，27项改革举措主要从以下几方面谋划：复制一批对义乌管用的自贸区政策，包括“建立本外币合一账户体系、复制NRA账户结汇政策、开展本外币合一跨境资金池试点”等7项举措；推出一批支撑自贸区的基础性工作，包括“加大金融招引力度、拓展境外人民币贷款”等6项举措；争取一批需要向上突破的政策，包括“争取数字货币试点、探索外国人贷款服务”等4项举措；攻克一批现实问题和困难，包括“推动离岸贸易无障碍结算、破解账户冻结问题”等3项举措；形成一批符合义乌业态的创新举措，包括“探索新型易货贸易模式、加强数字综保区联动”等7项举措。（骆红婷）