What are the principles for handling trade foreign exchange receipts and payments?

According to the requirements of the Huifa documents, not only the authenticity and compliance review of overseas direct investment (ODI) must be strengthened, but also the authenticity review of foreign-invested enterprises’ dividend distribution methods to realize the outbound funds. At the same time, for foreign exchange management of trade in goods, domestic institutions should handle trade foreign exchange receipts and payments in accordance with the principle of "who exports, who collects foreign exchange, and who imports, who pays foreign exchange", handle foreign exchange collection business in a timely manner, and improve the statistics of current account foreign exchange income deposited overseas. Proactively report relevant information.