Outward remittance means that CEB, in accordance with the application for remittance provided by the applicant, remits the fund to the beneficiary designated by the applicant. According to the regulations on foreign exchange control of China, the applicant has to separate the remittance under current account from that under capital account; and the applicant should comply with relevant provisions of the cancellation after verification system for import payment in foreign exchange and statistics and declaration system for international revenue and expenditure.