Research Based on China’s Foreign Exchange Reserve Management

Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v1i1.101

Juan Zhong1, Wuyue Chai2, Yaqing Liu3

1. School of International Economics and Trade, Anhui University of Finance and Economics
2. School of Finance, Anhui University of Finance and Economics
3. School of Economics, Anhui University of Finance and Economics

Abstract

Through the understanding of foreign exchange reserves and the understanding of China’s foreign exchange reserve management issues, this article establishes an econometric model to explore the factors that affect China’s foreign exchange reserves, analyzes China’s deficiencies in foreign exchange reserve management, and puts forward suggestions for improvement.[1] The study found that at this stage, China’s foreign exchange reserves are large in scale, the dollar’s share of foreign exchange reserves is adjusted year by year, and there is a large amount of room for improvement in earnings influences. Therefore, this article puts forward suggestions for the management of foreign exchange reserves according to the actual situation. The aim is to increase the strength and effectiveness of the management of foreign exchange reserves. This article will have a certain enlightening effect on the management of foreign exchange in China.

Keywords

foreign exchange reserves, management measures, econometric

References

[1] Wang Yajun, Zeng Gang. Effective management of foreign exchange reserves: theory and application. Shanghai Finance. 2018;(08): 10-18.
[2] Sheng Zhaomei. Analysis of the management of foreign exchange reserves in China. Nongjia yuan. 2019; (17): 175.
[3] Zhu Guoping, Fu Qiong, Wang Yuwei. Research on the evolution of foreign exchange reserve management theory. Economic Perspective. 2018; (10): 120-128.
[4] Li Haohao. Innovative research on China’s foreign exchange reserve management model. Chinese Business Review. 2020; (03): 51-52.
[5] Yu Fenfen. Study on hierarchical management of China’s foreign exchange reserves. Zhejiang University, 2011.
[6] Huang Fengmin. Research on the moderate scale and management of China’s foreign exchange reserves. Xiamen University, 2014.

Copyright © 2020 Juan Zhong, Wuyue Chai, Yaqing Liu

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