Payment Options and Foreign Exchange Control in China

Описание: Whether you are new to the Chinese market or looking to streamline your existing payment processes, this webinar offers guidance on managing your international transactions more securely and efficiently.

From evaluating the financial reliability of buyers to managing the risks of delayed or non-payment, navigating the Chinese financial landscape can be complex, especially for companies unfamiliar with local banking practices.

This video is the recording of the webinar held in May 2025 by the EU SME Centre and the European Union Chamber of Commerce in China, with expert insights from Simone Restaino, Business Advisor at RsA Asia.

Time chapters
00:00:00 EU SME Centre introduction
00:04:08 Keynote presentation start
00:07:19 Payment in freely convertible foreign exchange
00:07:26 Foreign exchange control in China
00:13:23 Payment when selling goods to China
00:15:14 Advance Payment (T/T)
00:17:24 Letter of Credit (L/C)
00:22:40 Clean Collection (DP or D/A)
00:26:12 Direct Remittance
00:28:32 Payment when exporting services to China
00:31:40 Payment in RMB
00:38:23 Paying from outside Mainland China
00:39:06 Real-case scenarios
00:50:29 Q&A start
00:50:32 Q1 Payment platforms and fintech tools
00:52:05 Q2 Chinese yuan fluctuation range
00:53:32 Q3 Compensation
00:54:46 Q4 Free-trade zones
00:57:21 Q5 Renmibi (RMB) payment trends
01:00:10 Q6 Importer types in China
01:01:39 Q7 Letter of credit process
01:02:42 Q8 Multifunctional Free Trade accounts (EF accounts)

Contact us:
If you have any follow-up questions regarding the topic, we invite you to ask our experts for information and advice: https://www.eusmecentre.org.cn/ask-th...

Disclaimer:
The EU SME Centre is a project funded by the European Union. This recording was produced with the financial support of the European Union. Its content are the sole responsibility of EU SME Centre and do not necessarily reflect the views of the European Union.