20 16 China's capital outflow seems to hit a record high. After deducting the inflow, the net outflow exceeded $300 billion, an increase of 60% over the previous year. The expectation of RMB depreciation due to China's economic uncertainty, except for overseas mergers and acquisitions (M & amp； A) In addition to the surge, export enterprises also keep the foreign exchange they earn overseas. By the end of last year, China's foreign exchange reserves almost fell below $3 trillion due to foreign exchange intervention aimed at preventing the RMB from plummeting due to capital outflow. China government will strengthen capital control, but this may have a negative impact on enterprise activities.

According to the data of the State Administration of Foreign Exchange, this paper counts the funds exchanged by enterprises and individuals through domestic bank accounts and overseas. It shows the actual amount of capital flow, not the transactions on the books.