Looking at foreign exchange now. China's foreign exchange regulator says it will promote capital account convertibility this year and pay attention to exchange rate risk management.
The State Administration of Foreign Exchange said Tuesday that enforcement standards in the foreign exchange market would be steady, consistent and predictable across cycles. SAFE said micro policies would be used to maintain order in the foreign exchange market. SAFE also said that the government will deal with risks from cross-border capital flows while improving rules and regulations for the management of foreign exchange.