Many people don't understand the underlying logic of the closure. Closure means that Hainan has become a super-large offshore financial island outside the domestic customs zone.
Here, cross-border fund transfers rely on EF accounts, and the essence of EF accounts is: as long as the source of funds is legal, they can freely flow across the line (Hainan and overseas).
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Many people don't understand the underlying logic of the closure. Closure means that Hainan has become a super-large offshore financial island outside the domestic customs zone.
Here, cross-border fund transfers rely on EF accounts, and the essence of EF accounts is: as long as the source of funds is legal, they can freely flow across the line (Hainan and overseas).