Research ArticleOpen AccessGoogle Scholar indexed
Cross-Border Investment and Financing Reforms in Shanghai Pilot Free Trade Zone
Financial Research Centre, Fudan University, Shanghai, China
- 1 Financial Research Centre, Fudan University, Shanghai, China
Journal of Financial Risk Management·Volume 05 (2016)·Pages 94–100·Published 23 May 2016·DOI10.4236/jfrm.2016.52010
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Abstract
In the past three years, Shanghai Pilot Free Trade Zone has taken a series of reforms on cross-border investment and financing, including implementing filing system of cross-border investment and financing, establishing split accounting management system, promoting RMB cross-border use and improving the degree of capital account convertibility. These measures have greatly improved the legal environment of cross-border capital flows and practically respected the autonomy of enterprises.
KeywordsCross-Border Investment and FinancingSplit Accounting Management SystemRMB Cross-Border UseCapital Account Convertibility
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