The Zhitong Finance App learned that recently, Zhu Hexin, Party Secretary and Director of the State Administration of Foreign Exchange, presided over a party group (enlarged) meeting to convey the spirit of studying the Central Economic Work Conference. The conference mentioned the steady expansion of high-level institutional openness in the foreign exchange sector. Adhere to both “live” and “manage well”, connect with high-standard international economic and trade rules, and strengthen the supply of high-quality foreign exchange policies. Deepen foreign exchange management reforms for foreign direct investment. Optimize and upgrade foreign exchange management policies in pilot free trade zones and free trade ports. At the same time, maintain the steady operation of the foreign exchange market. Adhere to the bottom line, strengthen macroprudential management and anticipatory guidance in the foreign exchange market, maintain the basic stability of the RMB exchange rate at a reasonable equilibrium level, and maintain the basic balance of payments.

The Zhitong Finance App learned that recently, Zhu Hexin, Party Secretary and Director of the State Administration of Foreign Exchange, presided over a party group (enlarged) meeting to convey the spirit of studying the Central Economic Work Conference. The conference mentioned the steady expansion of high-level institutional openness in the foreign exchange sector. Adhere to both “live” and “manage well”, connect with high-standard international economic and trade rules, and strengthen the supply of high-quality foreign exchange policies. Deepen foreign exchange management reforms for foreign direct investment. Optimize and upgrade foreign exchange management policies in pilot free trade zones and free trade ports. At the same time, maintain the steady operation of the foreign exchange market. Adhere to the bottom line, strengthen macroprudential management and anticipatory guidance in the foreign exchange market, maintain the basic stability of the RMB exchange rate at a reasonable equilibrium level, and maintain the basic balance of payments.