Broadly speaking, it refers to the control and regulation of foreign exchange receipts and payments, transactions, loans, transfers, international settlements, foreign exchange rates and foreign exchange markets authorized by a government; In a narrow sense, it means to impose certain restrictions on the exchange of domestic currency and foreign currency.

20 16 key tasks of foreign exchange management: first, promote the reform of foreign exchange supervision mode, weaken the prior approval, improve the management after the event, improve the accuracy and predictability of balance of payments monitoring and analysis, and enhance the supervision efficiency; Second, further optimize foreign exchange management services, deepen the reform of current account facilitation, improve the foreign exchange management of cross-border investment and financing, and accelerate the development of the foreign exchange market; Third, strengthen risk prevention and control, guide banks to handle foreign exchange business in accordance with the requirements of the "three principles of exhibition industry", strictly fulfill the responsibility of authenticity and legality review, crack down on illegal foreign exchange activities, and maintain normal foreign exchange market order; Fourth, do a good job in the management of national foreign exchange reserves, coordinate the goals of safety, liquidity, preservation and appreciation, and improve the level of diversified use of foreign exchange reserves; Fifth, implement the requirements of strictly administering the Party in an all-round way, conscientiously implement the "two responsibility", continue to strengthen Party building, and pay close attention to building a clean and honest party style, team building and internal management.