What entities or institutions should be reclassified as domestic institutions as defined in < Detailed Implementation Rules on Administration of Foreign Exchange Current Account of Domestic Institut

Domestic institutions here represent following entities and institutions located in the territory of China:

  1. Government bodies,
  2. Enterprises,
  3. Social organization, and
  4. Army, etc.

Domestic institutions comprise foreign invested enterprises, but not financial institutions. All these entities and institutions should follow the rule regarding foreign exchange current account administration of State Administration Foreign Exchange (“SAFE”).