China's RMB exchange rate has fluctuated in both directions, and the foreign exchange market has been operating smoothly.

Market entities should adapt to the normality of two-way exchange rate fluctuations and establish the concept of exchange rate risk neutrality.

We will promote reform of foreign exchange management steadily and enhance liberalization and facilitation of cross-border trade and investment.

We will improve the operation and management of foreign exchange reserves and build excellent international asset management institutions.

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