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| Author: | Zhou, Lei |
| Title: | The problems existing in China's foreign exchange market and the countermeasures (original in Chinese) |
| Journal: | International Economics and Trade Research (c)
1996 : 3, p.53-55 |
| Index terms: | FOREIGN EXCHANGE MARKET CHINA |
| Language: | chi |
| Abstract: | This paper analyzes the problems existing in China's foreign exchange market and raises the following six suggestions on how to improve it: 1. changing the compulsory system of settlement of exchange to the one on a voluntary basis, 2. reforming the present secondary foreign exchange market, 3. bringing the foreign-funded enterprises' supply and demand for foreign exchange into the national unified foreign exchange market, 4. strengthening the central bank's function of macro regulation and control , 5. increasing the varieties of transactions on foreign exchange market, 6. establishing and perfecting the legal system for foreign exchange transactions and the management of transaction markets. |
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