In order to further increase the transparency of foreign exchange administration policies and to support the real economy, the State Administration of Foreign Exchange has updated the Catalogue of Existing Effective Laws and Regulations on Foreign Exchange Administration (as of the end of June 2011) and has formulated the Catalogue of Existing Effective Laws and Regulations on Foreign Exchange Administration (as of the end of July 2012) (the “Catalogue”) on the basis of the recent putting in order of the regulations.

The Catalogue includes a total of 400 policies and regulations on foreign exchange administration, retaining the eight major items, including general foreign exchange business, foreign exchange business under the current account, foreign exchange business under the capital account, regulations on the foreign exchange business of financial institutions, the RMB exchange rate and the foreign exchange market, as well as the balance of payments statistics and foreign exchange business statistics, foreign exchange inspections and application of the laws and regulations, and scientific administration of foreign exchange, which, in order to facilitate public inquiries, are further divided into some sub-items based on the specific types of business. Furthermore, in order to better serve the public and to improve the transparency of foreign exchange administration, the State Administration of Foreign Exchange simultaneously put online some of the policies and regulations that had been issued in previous years.

The State Administration of Foreign Exchange will continue the putting in order of the regulations and will regularly update the Catalogue so as to increase knowledge and use by banks, enterprises, and individuals in an effort to promote the facilitation of trade and investment.