Administration of Foreign Exchange: Implement a more active and promising foreign exchange management policy to promote in-depth reform and high-level opening up in the foreign exchange sector

On January 4th, the 2025 National Foreign Exchange Management Work Conference was held in Beijing from January 3rd to 4th. The meeting emphasized that in 2025, foreign exchange management work should follow the requirements of the National Financial System Work Conference, adhere to stability while seeking progress, promote stability through progress, maintain integrity and innovation, integrate systems, and better coordinate development and security. Anchor the establishment and improvement of a "more convenient, more open, and more secure" foreign exchange management system and mechanism, implement more active and promising foreign exchange management policies, promote in-depth reform and high-level opening up in the foreign exchange field, prevent and resolve the risk of external shocks, and make greater contributions to the high-quality completion of the goals and tasks of the "14th Five-Year Plan" and the realization of a good start to the "15th Five-Year Plan".