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China (Shanghai) Pilot Free Trade Zone Financial Services Bureau and Pudong Statistic Bureau jointly conducted a financial reform survey recently, collecting feedback from 100 companies through questionnaires and seminars.
Executives from selected companies said they had benefited from two-way cross-border renminbi cash pooling, centralized cross-border renminbi operations, and other financial reform policies, but the use of free trade accounts should be made more convenient.
The two bureaus promised to submit their feedback to financial regulators who can then make policy improvements based on the survey.
It was the second financial reform survey in the pilot zone. The first one was held last year.
Source: Shanghai FTZ Government.cn
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