Is annual foreign exchange inspection still a must for foreign-invested enterprises? If so, how to apply for the annual inspection?

Since June 1, 2015, the inventory equity registration of domestic and foreign direct investment has been implemented, in replacement of the annual foreign exchange inspection of direct investment (including the annual foreign exchange inspection of foreign-invested enterprises and foreign investment enterprises). Thereafter, foreign-invested enterprises do not need to handle the annual foreign exchange inspection; instead, they must submit last year's domestic direct investment inventory equity data on their own or by entrusted accounting firms or banks through the foreign exchange administration's capital account information system before September 30 (inclusive) each year as stipulated.