The State Administration of Foreign Exchange is the functional organization in charge of foreign exchange in China, directly under the State Council? Centralized management by the People's Bank of China. The agency was established in March, 1979, and its general administration is located in Beijing. Institutional setup-The State Administration of Foreign Exchange is a state bureau at the vice ministerial level, which consists of seven functional divisions, including comprehensive division, balance of payments division, current account management division, capital account management division, management inspection division, reserve management division, personnel division (internal audit division) and government party committee. Set up a central foreign exchange business center, information center, agency service center and China Foreign Exchange magazine. FXOpen zh com, a foreign exchange trading platform, provides web version, computer version, Android version and Iphone version.