外汇管理，何以“更加智慧”？

Core Viewpoint - The 2026 National Foreign Exchange Management Work Conference emphasizes the construction of a "more convenient, more open, more secure, and more intelligent" foreign exchange management system, highlighting the integration of technology in enhancing foreign exchange management [1][3]. Group 1: Technological Integration - The concept of "more intelligent" foreign exchange management involves the use of artificial intelligence and big data to enhance the digital and intelligent level of foreign exchange management [1][3]. - The cross-border financial service platform, which integrates blockchain technology, has expanded its application to 15 scenarios, serving over 160,000 enterprises and facilitating financing exceeding $450 billion, while supporting over $2.5 trillion in convenient payments [1]. Group 2: Policy Implementation and Support - In 2025, the State Administration of Foreign Exchange implemented a package of policies to support stable foreign trade development, processing over 1 billion online foreign exchange transactions for new trade formats and serving over 1.8 million small and micro businesses [2]. - The foreign exchange management department plans to continue leveraging artificial intelligence and other digital technologies to enhance foreign exchange management and respond to enterprise needs through specific reform measures [2]. Group 3: Risk Management and Regulatory Measures - The foreign exchange market demonstrated resilience with a trading volume exceeding $39 trillion in the first 11 months of 2025, and the foreign exchange hedging ratio for enterprises reached 30.2%, both setting historical highs [2]. - The foreign exchange management department aims to improve risk identification and business supervision through advanced technology, while also enhancing macro-prudential management of cross-border capital flows [2].