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BEIJING, Jan 4 (Reuters) - China's central bank said onMonday it will relax some restrictions on domestic institution'suse of yuan-denominated income from certain projects undercapital account.
The move, part of a list of measures the People's Bank ofChina (PBOC) issued in a notice, aimed to improve cross-borderyuan policies to stabilise foreign trade and investments.
The measures will come into effect on Feb. 4, 2021,according to the document.
(Reporting by the Beijing Monitoring Desk; Editing by TomHogue) ((winni.zhou@thomsonreuters.com; +86 21 2083 0100; ReutersMessaging: winni.zhou.thomsonreuters.com@reuters.net))