In 2011, China had a volatile foreign exchange payment flow with complex international financial environment. The foreign exchange management authority carried forward the reform of foreign exchange control in the fields of trade settlement, banks' own foreign exchange settlement and sale business, and round-tripping capital to promote the development of foreign exchange market while tightening supervision over inflow of hot money and curbing financial risks. In the future, the management measures will be concentrated in the cross-border capital flows management and the economical structure reform.
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