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⍰ ASK How does the Chinese government encourage the use of offshore banking for foreign direct investments?

The Chinese government want more foreign investments, and they are making it easier through different plans. They've set up special zones, like the Qianhai-Shekou Free Trade Zone in Shenzhen, where offshore banking is made simpler. These zones give good financial services and special policies to attract foreign investors.

The government also made rules to make things easier for offshore transactions linked to foreign investments. They are trying to cut down on paperwork, make things clear, and speed up the approval process for offshore financing activities.
 

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