To further promote the reform of the exchange rate, we need to adapt to the situation, seek advantages and avoid disadvantages, and strive to minimize the possible negative impact.
1. Ensure that the fluctuation range is controllable to prevent the possibility of overshooting caused by market forces.
The current exchange rate does not deviate too much from the equilibrium level, and there is no basis for large fluctuations and changes.
2, we must insist on focusing on me to make the orderly float of RMB exchange rate in line with the needs of our economic fundamentals and macro-control.
RMB exchange rate floating is helpful to our international balance of payments, but it is not aimed at bilateral trade imbalance with specific countries.
3. In the management and adjustment of RMB exchange rate, we should pay attention to the gradual approach, set aside corresponding time for the structural adjustment of enterprises, enable enterprises to gradually digest the impact of the floating RMB exchange rate, promote the orderly transfer and upgrading of industries, maintain the overall competitiveness of our enterprises in the international market, and guide more employment to the service industry.
Fourth, we need to strengthen the monitoring and management of short-term speculative capital to prevent large-scale flows from causing a major impact on the domestic financial system.
