国家外汇局：稳妥有序推进银行外汇展业改革，指导已改革银行向全国范围的分支行扩围

Core Viewpoint - The 2026 National Foreign Exchange Management Work Conference emphasized the importance of implementing the spirit of the 20th National Congress and the Central Economic Work Conference, focusing on enhancing the foreign exchange management system to ensure stability and security while promoting high-quality development [1][3][8]. Summary by Relevant Sections 2025 Achievements - The foreign exchange management department effectively implemented the decisions of the Central Committee and the State Council, achieving new results in various areas, including enhancing foreign exchange services for the real economy and supporting over 1 billion online foreign exchange transactions for new trade formats [2][7]. - The foreign exchange market saw record highs in trading volume and corporate foreign exchange hedging ratios, with banks handling foreign exchange business worth $440 billion based on client instructions [2][7]. 2026 Key Work Deployment - The focus for 2026 includes strengthening the Party's leadership over financial work, promoting comprehensive and strict governance, and enhancing the quality of party building [4][9]. - There will be a push for foreign exchange facilitation reforms, optimizing trade foreign exchange management, and expanding high-level openness in cross-border trade [4][9]. - The conference highlighted the need for robust macro-prudential management and regulatory measures to maintain a stable foreign exchange market, alongside efforts to combat illegal cross-border financial activities [4][9]. Future Directions - The foreign exchange management work will be guided by Xi Jinping's thoughts, aiming to create a more convenient, open, secure, and intelligent foreign exchange management system [3][8]. - The conference outlined plans to enhance the regulatory framework, improve the safety and liquidity of foreign exchange reserves, and revise the Foreign Exchange Management Regulations to establish a higher standard for international balance of payments statistics [4][9].