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What positive effect does foreign exchange adjustment have on China

by admin

Although China’s regulation market is primary and has limits, it has played a positive role in promoting the development of national economy.

1. By adjusting surplus and deficiency of foreign exchange and making up for corporate losses, the enthusiasm of local governments, departments and enterprises to earn foreign exchange was mobilized, and the smooth implementation of the contracted management responsibility system for foreign trade and the steady growth of foreign trade export were promoted;

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2. Through the horizontal integration of foreign exchange, it promotes the rational allocation of foreign exchange resources, supports the tilt of national industrial policies, and improves the efficiency of foreign exchange use;

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3. It helps foreign-invested enterprises to solve the problem of foreign exchange balance, improves the environment for foreign investment to a certain extent, and promotes the normal development of foreign-invested enterprises.

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