China's State Administration of Foreign Exchange (SAFE) introduced policies to boost cross-border investment, financing, and foreign exchange management.

The regulations cover foreign direct investment, cross-border financing, and foreign exchange settlement, the regulator said in a notice Monday.

SAFE will remove the requirement to log basic information for preliminary FDI-related fees and will allow foreign exchange profits under FDI for reinvestment in the mainland.

The regulator will also slash the negative list for restrictions of forex incomes for capital projects, among other regulations, SAFE said.