中国外汇市场70年:发展历程与主要经验  

70 Years of China’s Foreign Exchange Market Development: History and Experience

作　　者：王国刚 林楠[2] WANG Guogang;LIN Nan(Renmin University of China, Beijing, China;Chinese Academy of Social Sciences, Beijing, China)

机构地区：[1]中国人民大学财政金融学院、中国财政金融政策研究中心,100872 [2]中国社会科学院金融研究所、国家金融与发展实验室,100028

出　　处：《经济学动态》2019年第10期3-10,共8页Economic Perspectives

基　　金：国家自然科学基金应急重大项目（71850009）的阶段性研究成果

摘　　要：中国外汇市场发展和人民币汇率改革紧密相连,70年来大致经历了三个历史时期。其中,外汇市场发展经历了艰难探索、形成发展和创新发展三个时期;人民币汇率形成机制经历了行政定价的单一汇率体制、探索人民币汇率形成机制和人民币汇率市场化改革三个时期。中国外汇市场发展70年历史经验表明:应坚持维护国家主权和人民利益,坚持为经济发展服务的总方向,坚持稳步有序推进外汇市场建设的策略,坚持货币政策操作的创新,坚持守住不发生系统性金融风险的底线。The reform of the RMB exchange rate is closely linked to the development of China s foreign exchange market. Both of them can be divided into three time periods in the past 70 years. The development of China s foreign exchange market has experienced the three stages: exploration with difficulty, formation and development, and development with innovations. The RMB exchange rate formation mechanism has experienced the three periods: single exchange rate system with administrative pricing, exploration of the RMB exchange rate formation mechanism, and market-based reform of the RMB exchange rate. The 70-year history of China s foreign exchange market shows that we should uphold the sovereignty of the country and the interests of the people, adhere to the general direction of serving economic development, adhere to the strategy of steadily and orderly promoting the construction of the foreign exchange market, adhere to the innovation of monetary policy operation, and prevent systemic financial risks as the bottom line.

关 键 词：外汇市场 汇率市场化改革 

分 类 号：F832.6[经济管理—金融学]