Legal analysis: (1) Carry out higher-level trade and investment facilitation pilot projects nationwide. On the basis of the "Three Principles of Exhibition Industry", domestic banks can directly handle the cross-border RMB settlement of goods and services trade for high-quality enterprises with the "Notes on Cross-border RMB Settlement/Payment" or payment instructions submitted by high-quality enterprises, as well as the legal and legal use of RMB income from capital projects (including foreign direct investment capital, cross-border financing and overseas listing) in China. To carry out a higher level of trade and investment facilitation pilot, domestic banks should formulate specific implementation plans through the self-discipline mechanism of cross-border RMB business at the provincial level, clarify the risk prevention and control measures such as quality enterprise identification standards and dynamic adjustment mechanism, and report the specific implementation plans to the branches above the sub-provincial city center branch of the local People's Bank for implementation.

(2) Support cross-border RMB settlement of new trade formats. Domestic banks can provide cross-border RMB settlement services under current account for cross-border electronic commerce and other market entities related to new trade formats under the conditions of transaction information collection and authenticity audit. Support domestic banks to cooperate with legal transfer clearing institutions and non-bank payment institutions, and provide cross-border RMB payment services for market entities related to new trade formats such as cross-border electronic commerce, market procurement and comprehensive foreign trade services on the premise of compliance with laws and regulations.

(three) according to the reform of the commercial system, timely adjust the requirements of business handling and audit. Enterprises do not need to provide approval or filing documents issued by the competent commercial department when handling foreign direct investment RMB settlement related business. Banks can use business licenses, market supervision and management departments and other departments to systematically disclose the registration and filing information of commercial entities as the basis for business audit, account opening and enterprise information registration. When an enterprise handles cross-border RMB settlement business under processing trade projects, it is not necessary to submit the approval certificate of processing trade business issued by the local competent commerce department to its domestic settlement bank. In the future, if there are new policy changes, the internal business systems such as audit requirements and audit procedures of business data involved should be adjusted in time, and the exhibition industry should be implemented according to the new internal business system.

Legal basis: Notice on Further Optimizing Cross-border RMB Policy to Support the Stability of Foreign Trade and Foreign Investment.

Article 4 Optimize the formation mechanism of the key supervision list of cross-border RMB business. Adjust the "List of Key Supervision Enterprises for RMB Settlement of Export Goods Trade" to "List of Key Supervision Enterprises for Cross-border RMB Business", and the People's Bank of China will work with relevant departments to update the list identification standards, improve the list formation system and process, and support the development of foreign trade enterprises.

Article 5 Support electronic document review. Domestic banks can use the receipt and payment instructions submitted by enterprises in paper or electronic form to replace the receipt and payment instructions for cross-border RMB settlement, and the receipt and payment instructions submitted by enterprises should meet the requirements of international balance of payments declaration and cross-border RMB business information submission. Domestic banks can handle cross-border RMB settlement business under current account for enterprises by reviewing legally binding electronic documents or information submitted by enterprises. Banks should ensure the authenticity, compliance and uniqueness of electronic documents or information, and keep electronic documents or information for future reference within 5 years.

Article 6 Optimize the arrangement of centralized payment and receipt of cross-border RMB under the current account of multinational enterprise groups. Domestic member enterprises designated by multinational enterprise groups, as the host enterprises, can open RMB bank settlement accounts in different places according to actual needs and handle cross-border RMB centralized receipt and payment business under current account.