Foreign Exchange Administration Regulations of the PRC (1997, revised 2008) · Yalla China
لوائح إدارة النقد الأجنبي (1997) / Foreign Exchange Administration Regulations (1997, revised 2008)
Enacted: 1997-01-14 ✅ Effective: 2008-08-05
📝 Overview
Regulates foreign currency flows to and from China, defining transfer limits and documentation requirements for individuals and companies.
This is general information only, not legal advice. For your specific case, consult a licensed lawyer.
📜 The law text / key provisions
The Foreign Exchange Administration Regulations provide: (1) Individual transfer limit: equivalent to USD 50,000 per year maximum transfer out of China without additional approval; (2) Commercial transfers: subject to verification of supporting commercial documents; (3) Foreign currency for foreigners: foreigners permitted to remit legitimate income earned in China; (4) Verification: proof of fund source documentation required for large transfers; (5) Penalties: foreign exchange administration violations may result in fines and confiscation.
💬 Practical reading
💬 This is a general reading/opinion for orientation — not the official legal text nor legal advice.
If you work in China and want to send savings abroad, maintain documentation related to your employment contract and salary statements to facilitate verification of legitimate source.
📎 Official source
State Council of China
🕒 Updated: 16 March 2026