Recently, Guangzhou Nansha free trade zone took the lead in implementing the policy of decentralizing the registration of capital projects to banks. Enterprises in Guangzhou Nansha Free Trade Zone, Beidahuang Zhongken (Guangdong) Food Technology Co., Ltd. and Guangzhou xinhuijin Trade Co., Ltd. respectively handled the foreign debt registration business in Nansha branch of Agricultural Bank of China free trade zone and Nansha branch of industrial and Commercial Bank of China Free Trade Zone, becoming the first batch of enterprises in China to enjoy this policy dividend. "In the past, to carry out cross-border financing business, we had to go to the foreign exchange bureau to handle foreign debt registration, and it took nearly 150 kilometers to go back and forth. Now we can choose the nearest bank to handle foreign debt registration business, and the bank provides a one-stop service of registration, withdrawal, principal and interest repayment, which greatly reduces the bottom cost and time cost." Said the person in charge of Guangzhou xinhuijin Trading Co., Ltd. Since the beginning of this year, the State Administration of foreign exchange has issued the pilot policy of high-level opening up of cross-border trade and investment and foreign exchange management reform. According to the policy, the registration of foreign exchange business of qualified non-financial enterprises in Guangzhou Nansha Free Trade Zone, such as overseas loans, foreign debts, cross-border guarantees, overseas listing, employee equity incentive plan, and overseas hedging, can be directly handled by the banks under the jurisdiction of Guangdong Branch of safe, basically realizing the cross-border investment and financing business of "close to the bank" and "zero errands of safe", greatly optimizing the cross-border investment and financing environment in Nansha free trade zone. (news agency)