deepen the capital account administration reform to facilitate...
title: deepen the capital account administration reform to facilitate cross-border investment and financing
china forex: under the background of the current domestic and international economic and financial situation，what is the general plan for foreign exchange administration under the capital account in 2022?
zha xiaoyang: in 2022，foreign exchange administration under the capital account will be guided by xi jinping thought on socialism with chinese characteristics for a new era，and fully implement the spirit of the 19th national congress of the communist party of china (cpc)，all the previous plenary sessions of the 19th national congress and the central economic working conference. we will seek for progress while maintaining stability，implement the new development concept completely，accurately and comprehensively，accelerate the construction of a new development pattern，coordinate development and security，and promote a stable economic growth. we will continue to deepen reforms，improve the institutions and increase favorable policies for capital accounts，streamline regulations and delegate more powers and optimize management，facilitate the high-quality development of the real economy，adhere to bottom-line approach and work actively to prevent and mitigate risks. we aim to embrace the party's 20th national congress with actions.
china forex: many efforts were made in 2021 to deepen the reform and promote a high-level opening of the foreign exchange administration under the capital account. what other measures will be introduced in 2022?
