摘要 | 第1-6页 |
ABSTRACT | 第6-7页 |
CHAPTER 1 INTROUCTION | 第7-9页 |
CHAPTER 2 EVOLUTION OF CHINA'S ECHANGE RATE REGIME | 第9-30页 |
·EXCHANGE RATE REGIME IN PERIOD OF PANNED ECONOMY | 第11-16页 |
·EXCHANGE RATE REGIME DURING THE PERIOD OF THE TRANSITION ECONOMY | 第16-22页 |
·EXCHANGE RATE REGIME IN MARKET ECONOMY STAGE | 第22-30页 |
CHAPTER 3 ISSUES TO BE COCERNED | 第30-40页 |
(1) The golden rule of one-way appreciation may over | 第30-32页 |
(2) The appreciation of Renminbi with a certain pace is indicative of the recognition that China now shares responsibility for the stability of the global economy. | 第32-35页 |
(3) To make Renminbi exchange rate totally determined by the market as the final goal is out of question and the only problem is when. | 第35-38页 |
(4) The gradual reformation with right sequencing | 第38-40页 |
CHAPTER 4 CAPITAL CONTROLS | 第40-50页 |
·THE STATUS QUO OF CAPITAL CONTROLS IN CHINESE MARKET | 第42-47页 |
·SUGGESTIONS PROPOSED | 第47-50页 |
CHAPTER 5 Outlook for the future reform | 第50-52页 |
a) In the long run, China will let Renminbi exchange rate float. | 第50-51页 |
b) In the medium term, China will further build a well-functioning financial market. | 第51页 |
c) In the short run, Renminbi exchange rate will further appreciate. | 第51-52页 |
CHAPTER 6 Summary | 第52-53页 |
Reference | 第53-55页 |
Appendix: | 第55-68页 |
Chronology of exchange evolution | 第55-66页 |
The tables | 第66-68页 |