国家外汇局：优化贸易外汇业务管理 提升外汇市场基础设施服务水平

Core Viewpoint - The 2026 National Foreign Exchange Management Work Conference was held in Beijing, focusing on enhancing the vitality of high-quality development through reforms in foreign exchange management and optimizing trade foreign exchange business management [3][4]. Group 1: Key Work Areas for 2026 - Strengthening the Party's leadership over financial work and promoting strict governance within the Party [6]. - Deepening foreign exchange facilitation reforms to enhance high-quality development, including optimizing trade foreign exchange management and supporting new trade formats like cross-border e-commerce [6][7]. - Promoting high-level institutional opening in the foreign exchange sector to facilitate multi-field cooperation and win-win outcomes [7]. Group 2: Achievements in 2025 - The foreign exchange management department implemented policies to support stable foreign trade and investment, processing over 1 billion cross-border e-commerce foreign exchange transactions [4]. - The foreign exchange market saw record trading volumes and a historical high in the foreign exchange hedging ratio for enterprises [4]. - A total of $440 billion in foreign exchange business was handled by banks under customer instructions throughout the year [4]. Group 3: Regulatory Enhancements - Strengthening macro-prudential management and expectation management to maintain a stable foreign exchange market [7]. - Enhancing regulatory coverage in the foreign exchange sector, including strict enforcement against illegal activities and improving non-site supervision capabilities [7]. - Ensuring the safety, liquidity, and value preservation of foreign exchange reserve assets [7].