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| Circular of the State Administration of Foreign Exchange on Relevant Issues concerning Broadening the Reservation of Foreign Exchange Earnings under Current Account for Domestic Institutions | | 国家外汇管理局关于放宽境内机构保留经常项目外汇收入有关问题的通知 |
(Hui Fa [2005] No. 58 August 2, 2005)Branches and Exchange Administration Offices of the State Administration of Foreign Exchange in all provinces, autonomous regions, municipalities directly under the Central Government, Branches in the Cities of Shenzhen, Dalian, Qingdao, Xiamen and Ningbo:In order to facilitate the domestic institution's use of foreign exchange and the trade, the State Administration of Foreign Exchange decided to re-raise the reservation percentage of foreign exchange under the current account of domestic institutions. And this Circular is hereby given as follows: | |
（汇发[2005]58号 2005年8月2日）
国家外汇管理局各省、自治区、直辖市分局、外汇管理部，深圳、大连、青岛、厦门、宁波市分局：
为方便境内机构使用外汇，促进贸易便利化，国家外汇管理局决定再次提高境内机构经常项目外汇账户保留现汇的比例。现通知如下： |
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| I.Where the domestic institution's last-year foreign exchange disbursement under current account takes a part of less than 80% of its foreign exchange earnings under current account, its reservation percentage of foreign exchange under current account shall be readjusted from 30% of its last-year foreign exchange earnings under current account to 50%. | | 一、境内机构上年度经常项目外汇支出占经常项目外汇收入的比例在80%以下的，其经常项目外汇账户保留现汇的比例，由其上年度经常项目外汇收入的30%调整为50%。 |
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| II.Where the domestic institution's last-year foreign exchange disbursement under current account takes a part of more than 80% (included) of its foreign exchange earnings under current account, its reservation percentage of foreign exchange under current account shall be readjusted from 50% of its last-year foreign exchange earnings under current account to 50%. | | 二、境内机构上年度经常项目外汇支出占经常项目外汇收入的比例在80%（含）以上的，其经常项目外汇账户保留现汇的比例，由其上年度经常项目外汇收入的50%调整为80%。 |
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