对外金融风险加剧下的政策应对

Policy Response to the Intensification of Outward Financial Risks

近来,对外金融风险不断加剧,主要表现为人民币过快贬值、大规模资本外流和外汇储备过多过快减少。在此情况下,当前不应加快开放资本账户、加快推动人民币国际化的窗口期;而保持相当规模的外汇储备仍是抵御外部冲击的一种有效缓冲。人民币汇率的发展方向仍然是清洁浮动。因此,应做好各种预案,在外汇储备急剧下降到一定程度时,仍能迅速实施浮动汇率。在尽可能防止资本外流的同时,积极出台各种措施吸引外资进入国内;国内金融改革要继续推进,从而为未来的进一步开放打下坚实的基础。

Recently,the outward financial risks continue to increase, mainly due to the rapid depreciation of the RMB,large-scale capital outflows and substantial decrease of foreign reserves.In this case,we should not accelerate opening of the capital account and accelerate promoting window phase of RMB internationalization,while maintaining a considerable scale of foreign reserves is still an effective buffer against external shocks.The development direction of RMB exchange rate is still clean floating.Therefore,we should do a good job in various plans,so that the floating exchange rate can be timely implemented when the foreign reserves decrease to a certain extent.We must prevent capital outflows as far as possible,and actively introduce various measures to attract foreign investment into our country at the same time;Furthermore,domestic financial reform should continue to promote,so as to lay a solid foundation for further opening up in the future.