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1、The Current Status and Management of Chinas Foreign Exchange ReservesAbstractForeign exchange reserves were formed in foreign economic activities of a country, and it will have on a countrys foreign economic relations and domestic macro-economy have important effects. China has huge foreign exchange
2、 reserves, can improve our external payments, international payments, and the ability to intervene in foreign exchange markets, maintained the good international reputation on the other, in the form of money or other financial assets in China holds huge foreign currency reserves, giving up huge fore
3、ign exchange reserves equivalent to economic resources into production, is not conducive to Chinas economic growth and increased national benefits. In Chinas current foreign exchange reserve management system, in order to stabilize the exchange rate of the Central Bank, constantly reactive to the ba
4、se currency to buy foreign currency, and by regulating the deposit reserve requirement ratio, discounting and open market operation and other monetary policy tools to offset by foreign exchange amount of base currency, weaken the independence of the Central Banks monetary policy. Ever-increasing for
5、eign exchange, will become an impact on prices, the economy faces internal and external shocks, our economy faces internal and external pressures. And in some ways, Chinas massive foreign exchange reserves reflect Chinas economic weaknesses, in addition to foreign exchange assets and liabilities str
6、ucture defect, foreign investment is low and face a bigger risk of return.Key words: foreign exchange reserves and risk managementCatalogueIntroduction4I. Current situation of Chinas foreign exchange reserves51. The exchange reserves are generally on the rise52. Chinas foreign exchange reserves were
7、 currently fluctuating situation5II. Two causes of the huge foreign exchange reserves61. The trade surplus continued62. Attracting foreign direct investment in the new contribution rate rising foreign exchange reserves6 3. The appreciation of the renminbi is expected to lead to a lot of internationa
8、l short-term capital appreciation is expected to lead to an influx into the various speculative capital74. Chinas current export exchange settlement system7III. Impact of the current foreign exchange reserves on Chinas economy71. The harm economic growth potential72. Bring spread losses73. Inflation
9、ary84. The effect of macro-control effect8IV. The main principles of foreign exchange reserves management81. Should adhere to the diversification of currency reserves in order to reduce the risk of exchange rate changes.92. Make the size of foreign exchange reserves held at a moderate level.9V. Coun
10、termeasures for perfecting Chinas foreign exchange reserve management101. The pursuit of the coordination of the foreign exchange reserves and economic growth102. Improving the balance of payments and boost domestic demand113. Chinas current foreign exchange management system and the deepening of th
11、e reform of RMB exchange rate formation mechanism124. Improvement of Chinas current foreign debt management system13VI. Improve the management of foreign exchange reserves other countermeasures161. The establishment of public-oriented information disclosure system162. Improve the relevant legal syst
12、em of Chinas foreign exchange reserves management163. Improve risk management of foreign exchange reserves and early warning system17Work Cited19The Current Status and Management of Chinas Foreign Exchange ReservesIntroduction（1）The end of 2012, Chinas foreign exchange reserves have reached US $ 3.3
13、 trillion, one-third per cent of global foreign-exchange reserves, even more than the seven major industrialized countries (the United States, and Japan and the United Kingdom, and Germany, and France, and Canada and Italy), the sum of foreign exchange reserves, ranking the first in the world.Foreig
14、n exchange reserves were formed in foreign economic activities of a country, and it will have on a countrys foreign economic relations and domestic macro-economy have important effects. China has huge foreign exchange reserves, can improve our external payments, international payments, and the abili
15、ty to intervene in foreign exchange markets, maintained the good international reputation on the other, in the form of money or other financial assets in China holds huge foreign currency reserves, giving up huge foreign exchange reserves equivalent to economic resources into production, is not conducive to Chinas economic growth and increased national benefits. In Chinas current foreign exchange reserve management system, in order to stabilize the exchange rate of the Central Bank, constantly reactive to the base currency to buy foreign currency, and by regulating the deposit
