Customers select commodities at the cross-border e-commerce import and export commodities exhibition and trading center in the comprehensive bonded zone in Kashgar Prefecture, northwest China's Xinjiang Uygur autonomous region, Nov 4, 2023. (PHOTO / XINHUA)

BEIJING — China's State Administration of Foreign Exchange on Friday announced the expansion of pilot programs of high-level opening-up policies for cross-border trade and investment throughout Shanghai, Jiangsu, Guangdong, Beijing, Zhejiang, and Hainan.

READ MORE: China takes new steps to boost cross-border trade, investment

The move will facilitate more business entities to conduct cross-border trade and investment in a compliant manner and promote high-quality development through high-level opening-up.