Love can beyond the life,also the sex. Your position:Home->china stock-> SAFE to encourage overseas investment in China In 2007, the State Administration of Foreign Exchange (SAFE) will strengthen supervision work, encourage more capital outflow, and improve regulation on foreign currencies, in order to balance the international payment, said Hu Xiaolian, director of SAFE, in a working meeting held recently. By encouraging more capital to flow out, experts say, SAFE will try to expand the channels of investment abroad and to guide more capital to flow out of China in an orderly way. To be specific, SAFE will gradually loose the control of institutions and individuals in terms of investment scale and investment products. Experts say that in future, large international trade surplus will remain and huge international capital might continue to flow into China. Meanwhile, the international payment situation will affect China's economic development and macro control more deeply in future. In light of this, SAFE should gradually loose its control over institutions and individuals in the amount of foreign currencies they can hold and the amount of foreign currencies they can spend, so as to promote the development of foreign currency market. In addition, SAFE should create a more flexible policy environment to help Chinese banks to launch more new financial products, to expand foreign currency products in the market, and to improve the foreign exchange rate regime. In the aspect of supervision, SAFE should strengthen its monitoring of the foreign capital that flows into China. This year, the key task for SAFE is to improve its management methods on foreign debts, to curb the rapid growth of foreign debts, to improve regulation on three aspects, namely foreign trade earnings and exchange settlement, foreign currencies held by individuals, and foreign capital that accesses Chinese property market. In addition, SAFE should strengthen supervision over trade credit and the flow of foreign capital into China, and strictly monitor the inflow of abnormal foreign capital.  Contact Us-------------------------------------ddpcn.com * Required information Full Name: * Your Email: * Message:* Preview:Chinese stock market bo      Next:China's main stock inde Chinese B Shares in Shanghai Stock Investment China's Stock Market Investment Yale given access to China’s stock market Two more foreign banks gain access to China's stock market China's main stock index surged to a record high Chinese stock market bounces back a stock market meets a good opportunity