Study On The Supervision Of Current Foreign Exchange Of SAFE In Dingxi

The current foreign exchange management is the focus of a closed economy to an open economy in transition in the management of foreign exchange, with the trend of economic globalization continue to strengthen the momentum of trade liberalization was a strong surge, further to relax the current foreign exchange management of the new requirements. With the deepening of reform and opening up, economic transformation and upgrading continue to strengthen, increasing China’s integration into the global economic and financial integration, further enhance the relevance of foreign economic and national economic development. However, the current account is fully convertible, although the convenience of a normal foreign economic and trade exchanges, but it also could be one way of illicit funds into the territory, which has posed a serious challenge to the grassroots current foreign exchange management.In this paper, the existing current foreign exchange management theory to sort through, and focus on the position and role of the current foreign exchange management studies, the combination of theory and practice of China’s foreign exchange management, to clarify the need for the implementation of the current foreign exchange management, the current foreign exchange content, objectives and basic principles of regulation, and domestic and foreign theory summary. Review of the current foreign exchange management system reform, summed up the basic framework of existing current foreign exchange management, and then work through regulatory changes to bring reform after the implementation of comparative analysis of grass-roots challenge to the current foreign exchange management of the foreign exchange needed to face. Recalling the current foreign exchange management history, it is now in order to achieve the RMB under current account convertibility, continue to analyze and judge the economic development of the situation, to explore the new era the current foreign exchange management. And then the data is supported by carding current liquidity characteristics under the new norm, from a macro point of view of the difficulties currently carry out related monitoring efforts, we made that recommendation. In the new normal background, cross-border capital further towards equilibrium, experienced by the unilateral flows into the two-way fluctuation, and the two-way fluctuation characteristics become more pronounced. Moreover, with the current account continued to deepen reform, improve the degree of capital account convertibility, foreign exchange management is undergoing tremendous change. For these reasons, the current foreign exchange regulation, there are some difficulties, such as the direction of flow is difficult to identify short-term fluctuations may furnishings, flow channels more complicated. Based on the analysis Dingxi current situation on the foreign exchange business, trade in goods, trade in services and daily regulatory approach to sort out personal foreign exchange business summary, pointing out the problems in supervision. To issue regular supervision was found based from both the public and private aspects of the proposed project to improve Dingxi often off-site supervision of the envisaged business. From the business point of view to the public, raising the need for import and export trading companies and trade services subject to trade in goods and services integration preliminary exploration of ways and means of monitoring. From the point of view of private business, it is necessary to rely on individual foreign exchange business supervision systems, personal cross-border capital (including cross-border RMB) income in accordance with uniform cross-border, cross-border expenditure, foreign exchange regulation three links, starting with the main focus point of view personal foreign exchange business conduct supervision. Based on future trends and requirements of economic development, we proposed to increase the current foreign exchange business proposal-site supervision effectiveness.