Autonomy in foreign exchange use. Reduce the cost of foreign exchange for enterprises. However, because these policy adjustments are basically gradual changes under the original framework.
The reform can not meet the needs of all parties in foreign exchange management, and the problems brought about by the compulsory foreign exchange settlement and sale system have not been fundamentally solved. Mandatory foreign exchange settlement and sale system exists.
The main problem is: at present, the limit of enterprise's foreign exchange settlement account is 50% or 80% of the current account income of the previous year, and the excess must be settled, so it is impossible to operate foreign exchange independently according to market expectations. Can only be sold to designated foreign exchange banks; When foreign exchange is needed, it is necessary to purchase foreign exchange from banks, which not only increases the operating costs of enterprises. It is also not conducive to the formation of foreign exchange risk awareness of enterprises. At the same time, due to the lack of adequate foreign exchange control, enterprises can not carry out hedging, foreign exchange futures, options and other businesses according to the changes in the financial market, so as to avoid risks and increase profits. To some extent, this weakens the capital operation ability of enterprises and binds the hands and feet of enterprises to participate in market competition.