China's Foreign Exchange Management Policy Reform Study

I has been engaged in foreign exchange management work since 2001.I know the importance of foreign exchange management policy in the macroscopic economy adjustment and manipulation.It becomes the important tactic to assert the country' s authority and benefit,to protect the native finance stability, and to assert the balance of international settlement. After China become one of the World Trade Organization,how to keep the faster development speed and in the main achieve the inner and outer balance of macroscopic economy has been a tickler to macroscopic economy controller.The writer of the article tries to carry out some useful investigation to China' s foreign exchange management policy innovation.First of all,the article assays international and domestic foreign exchange management policy theories.These theories include Meade' s inside and outside equilibrium, Mundell—Flemming Model and the main theories of foreign exchange rate.After investgating the experience of foreign theories,the author sums up the research outcome of foreign exchange management policy of internal economists.The second segment' s main contents is to assay the history and actuality of China' s foreign exchange management policy innovation.The segment describes the progress of innovation and the history of foreign exchange management policy innovation since 1978 first,then depicts the problems of innovation at present.These problems mainly exist in installment of foreign exchange management machinery, foreign exchange rate policy, management in generalization, current account management, capital account management, the report of international settlement, foreign exchange reserve management and the check-up of foreign exchange.To resolve these problems,the segment studies the generation reason of them. The third segment is the study of foreign exchange management policy in other country and area.The author selects the United...