What are the characteristics of the current foreign exchange management system in China?

From a hierarchical point of view, foreign exchange management regulations are "low weight". In terms of methods, the foreign exchange management regulations are "combining leniency with severity". From the content point of view, foreign exchange management regulations are "about things, not people", and from the implementation point of view, the operability of foreign exchange management regulations is increasingly strengthened. Systematically, the subjective foreign exchange management regulations are "independent". Judging from the relationship between legislation and practice, foreign exchange management laws and regulations have failed to keep pace with the times. From a global perspective, foreign exchange management regulations and international practices are "at arm's length".

1. Management regulations broadly refer to the control and regulation of foreign exchange receipts and payments, transactions, lending and transfer, international settlement, foreign exchange rate and foreign exchange market authorized by a government; In a narrow sense, it means to impose certain restrictions on the exchange of domestic currency and foreign currency.

2. 20 16 Key tasks of foreign exchange management: First, promote the reform of foreign exchange supervision methods, weaken the prior approval, improve the management after the event, improve the accuracy and predictability of balance of payments monitoring and analysis, and enhance the supervision efficiency; Second, further optimize foreign exchange management services, deepen the reform of current account facilitation, improve the foreign exchange management of cross-border investment and financing, and accelerate the development of the foreign exchange market; Third, strengthen risk prevention and control, guide banks to handle foreign exchange business in accordance with the requirements of the "three principles of exhibition industry", strictly fulfill the responsibility of authenticity and legality review, crack down on illegal foreign exchange activities, and maintain normal foreign exchange market order; Fourth, do a good job in the management of national foreign exchange reserves, coordinate the goals of safety, liquidity, preservation and appreciation, and improve the level of diversified use of foreign exchange reserves; Fifth, implement the requirements of strictly administering the Party in an all-round way, conscientiously implement the "two responsibility", continue to strengthen Party building, and pay close attention to building a clean and honest party style, team building and internal management.

Three. The Regulations of People's Republic of China (PRC) Municipality on Foreign Exchange Management is the basic administrative regulation of foreign exchange management, which mainly stipulates the basic principles and systems of foreign exchange management. 1released in the State Council on June 29th, 996, and implemented as of April 29th, 2006 according to the State Council's Decision on Amending the Regulations on Foreign Exchange Control in People's Republic of China (PRC).

4. There are three main foreign exchange management systems in various countries: the first is strict foreign exchange control, that is, controlling both current account and capital account. Countries that implement this kind of foreign exchange control are usually backward in economy, short of foreign exchange funds and underdeveloped in market mechanism, so they try to maintain exchange rate stability, ensure the balance of international payments and ensure the development of national economy through centralized distribution and use of foreign exchange. The second is partial foreign exchange control, that is, in principle, foreign exchange transactions in current account are not restricted, but foreign exchange transactions in capital account are restricted to some extent.