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Payment Options and Foreign Exchange Control in China

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Payment Options and Foreign Exchange Control in China
Date: 22 May, 2025

The EU SME Centre is organising a webinar on payment options and foreign exchange in China, in order to address current challenges and provide EU SMEs with reliable guidance on international trade payments from China. The webinar shall explore the key elements covered in their recently published guidelines on this topic.

Event Information
    • Date: May 22nd
    • Time: 9:00am (Portugal time) / 4:00pm (Beijing time)
    • Location: Zoom Meeting
Webinar Agenda (Portugal time)
09:00–09:05 Opening remarks

Filippo Pallaroni, Training Centre Coordinator, EU SME Centre
09:05–09:45 Keynote Presentation: Guidelines on Payment Options & Foreign Exchange Control in China

Simone Restaino, Business Advisor, RsA Asia

Topics to be covered:
            • Payment in freely convertible foreign exchange;
            • Payment in RMB;
            • Paying from outside mainland China;
            • Real case scenarios in foreign exchange and cross-border payments.
10:45–10:55 Q&A session
10:55–11:00 Closing remarks
Why Participate in this webinar?

European small and medium-sized enterprises exporting goods and services to China often face challenges related to payment options, conditions and procedures. From evaluating the financial credibility of buyers, to minimising risks associated with delayed or non-payment, many SMEs are unfamiliar with local banking products, the fragmentation of China’s banking system, and its role within the global financial network.

      • Deep-dive into foreign exchange control procedures and timeframes to expect for settlements to be completed.
      • Cover how payments in renminbi (RMB) can be used in the trade in goods and services in and out of China, and options now available in line with Beijing’s push to internationalise its currency.
      • Different transaction costs, facilitated payments processes with fewer intermediaries, and hedging against the volatility of currencies.
      • Discuss payment options involving accounts located outside mainland China, even for companies registered within the region.
      • Learn about practical case studies related to foreign exchange and cross-border payments.
How to Participate?

For more details about the event and visitor information, click here.

To proceed with your Registration, click here.