PANews|Aug 02, 2026 09:19
[State Administration of Foreign Exchange Deploys Key Tasks for the Second Half of 2026: Empowering Foreign Exchange Regulation with AI and Other New Technologies]
The State Administration of Foreign Exchange held a video conference to discuss foreign exchange management work for the second half of 2026, outlining key tasks for this period. It emphasized strengthening and improving regulation in the foreign exchange sector, advancing the revision of the *Regulations on Foreign Exchange Administration*, and enhancing foreign exchange regulatory capabilities and standards. The plan includes leveraging new technologies such as artificial intelligence and big data to empower foreign exchange regulation, strengthening oversight of foreign exchange market trading behaviors, and maintaining a high-pressure crackdown on illegal cross-border financial activities. Efforts will also focus on building capacity for foreign exchange reserve management and improving the professionalization of foreign exchange reserve operations. Sixth, the initiative aims to comprehensively enhance the level of foreign exchange management work. This includes advancing the construction of the international balance of payments statistical system, deepening the development of 'Digital SAFE' and 'Secure SAFE,' and accelerating the exploration and practical application of 'Smart SAFE' scenarios.
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