The Research On The China's Regulation Of International Capital Flows

The context of economic globalization, international economic and trade exchanges become more frequent, more specialized division of labor and cooperation, resource optimization in the global configuration, to achieve cross-border mobility of production factors, a strong impetus to world economic growth. At the same time the formation of the international financial market volatility and exchange rate market continues to accelerate the pace of international capital flows and the size. Large influx of capital can increase the accumulation of capital, access to economic development and infrastructure required for large-scale financial support to address the problem of replenishment. Meanwhile, the international capital flows, often accompanied by advanced technology and the flow of production factors, capital inflows from various countries can promote the overall economic development. China currently is not fully liberalized capital markets, but in recent years out of international capital in China, increasing the size of entry, China's financial market openness is growing.International capital flows is a "double-edged sword" in the promotion of capital inflows national and regional economic development, but also often increase financial risks, increased capital inflows as global market instability, caused by regional or the global financial crisis, brought large areas of economic recession. Past two decades, along with the scale of international capital flows, the rapid expansion of the current regulation of international capital inflows and outflows, financial crisis relatively high frequency of occurrence in many countries and regions are subject to different shocks. Financial crisis was caused by a variety of reasons, but the large-scale international capital flows and the lack of supervision and management efforts is the main reason. The direction of international capital flows, size and structure with a certain blindness and risks, and often when the positive effects of globalization of capital flows is no better reflected, the international financial market risks and instability instead of accelerated, as the current international financial situation has created some new challenges. Therefore, detailed knowledge of international capital flows monitoring system, strengthening of international capital flows and good management, give full play to their favor the development of an active role in the global economy has become the effective management of international financial markets, an important issue.China's ongoing reform of capital projects will gradually opening up the capital controls, in the future to achieve full capital account convertibility. In this context, China's international capital flows, there have been new changes, and China's financial security is also facing challenges from the international capital flows. International capital for the positive effects of China's economic construction, but also cause financial risks exist, such as excessive growth of debt, foreign debt is lopsided; capital flows in the industrial structure and regional distribution is uneven; a lot of capital formation potential financial crisis and so on. Should therefore carefully study the new characteristics of international capital flows and capital development and actively introducing new trends in the domestic economy, give full play to the positive effects of international capital flows, but also the need to strengthen and improve the monitoring of international capital flows, so that it can maximize its positive, to avoid its negative nature, and increase capital flows to prevent financial risks from international efforts, the better to preserve our financial security.In order to correctly guide the flow of international capital, international capital flows control the direction and magnitude, this article introduces the concept of international capital flows and theoretical research related to current situation, international capital flows on the current situation and China's international capital flows that followed overview of international capital flows for the influencing factors are analyzed, pointing out that the current management of international capital flow defects, and then make the management of international capital flows proposal.