On Friday (March 4th), Yi Gang, vice president of the PBOC, said that the situation of foreign exchange reserves would also stabilize with the expected stability of the renminbi.

Overall, the decline in foreign exchange reserves and the result of remittance to the people are worth affirming. It is positive and consistent with expectations.

Yi Gang, a member of the National Committee of the Chinese people's Political Consultative Conference (CPPCC), said that China's foreign exchange reserves declined last year.

Yi Gang said, "enterprises and residents in the optimization of the balance sheet, there is nothing bad, is to sink in the people.

The accumulation of foreign exchange reserves from the central bank has been pferred to enterprises and families.

Yi Gang pointed out that last year

A big drop is the increase in US dollar deposits in the domestic market, up by about 100000000000 in 2014 and tens of billions in 2015.

Another part is the US dollar external debt, which lasted for 18 months.

Yi Gang stressed that one of them should consider whether the new system should deal with the economic crisis, whether the financial crisis is strong and strong, and whether it can coordinate the decision; two, we must consider the cost problem.

And faith, power and responsibility should be the same.

How to integrate with the world, competitiveness and security need to be discussed.

The latest figures show that China's foreign exchange reserves stood at $3 trillion and 230 billion at the end of 1, down 99 billion 500 million US dollars.

In 2015, foreign exchange reserves declined by 13%, of which the monthly drop in December was more than 100 billion US dollars.

In addition, Yi Gang also said that the reform of the financial regulatory system is still under study, and the authorities are still listening to the advice. The biggest possibility of which is not known at present. The experience of Britain, the United States, Australia, Japan and Russia can be used for reference.