On December 16, Zhu Hexin, Secretary of the Party Leadership Group and Director of the State Administration of Foreign Exchange, presided over the expanded meeting of the Party Leadership Group, conveying and studying the spirit of the Central Economic Work Conference, and researching and deploying implementation measures in conjunction with the national financial system work conference requirements. The meeting pointed out to prevent and resolve external impact risks. Improve the dual management of the Forex market "macro-prudential + micro-regulation" to maintain the basic stability of the RMB exchange rate at a reasonable and balanced level, and maintain the basic balance of international payments. (Forex Bureau)

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外汇局:完善外汇市场“宏观审慎+微观监管”两位一体管理,保持人民币汇率在合理均衡水平上的基本稳定
The Forex Bureau: Improve the "macro-prudential + micro-regulation" dual management of the Forex market to maintain the basic stability of the RMB exchange rate at a reasonable and balanced level.
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