The Study On The Centralized Management On Foreign Exchange Fund Of Multinational Corporations In China

With the implementation of the development strategy of one belt and one road, a large number of multinational companies in China have found that the distribution and management of foreign exchange funds becomes the highlight in the process of business strategy and management globalization. On April 25th 2014, the State Administration of Foreign Exchange Funds promoted the full integration and implementation of centralized operation and management of foreign exchange fund in the whole country. It has greatly reduced the financial costs and promoted trade investment for enterprises. However, meanwhile, there are still some shortcomings of the policy in terms of foreign exchange funds operations. Therefore, in practice, the process needs to be improved.Based on the elaboration of related policies and laws, this paper also tries to propose an improved strategy for centralized foreign funds operation, maximize the convenient use of funds transfer and efficiently control exchange rate risk and reduce financial costs.Here is the outline of the paper:Chapter 1:introductionThe background and meaning of foreign exchange operation research, a summary on the methods, innovation and features of foreign exchange funds operation.Chapter 2:theory and practiceThe definition of centralized operation of foreign exchange funds, the introduction to the related theories and the explanation of proper nouns.Summary on the implementation of foreign exchange funds operation, the achievements on cost-effectiveness of funds and exchange rate risk avoidance.Chapter 3:introduction to Group N funds operation,problems and analysisBrief introduction to Group N, the targets and measures of centralized funds operation,the distance between the reality and the expected result, the operation problems in Group NChapter 4:solutionsGive an analysis and suggestion to Group N from both macro and micro levels,Chapter 5:SummaryThis paper gives an analysis on the issues related to multinational financial fund management in terms of domestic and overseas monetary integration as well as Reminbi and foreign currency linkage. With detailed research, this paper will put forward some reasonable suggestions to help Group N build a better management mode of foreign exchange funds, and enhance the service efficiency of foreign funds, which will help banks and enterprises to get a win-win result.