According to statistics, by the end of 20 1 1, 3 19 designated foreign exchange banks provided local and foreign currency exchange services for enterprises and individuals, and 3 18 financial institutions participated in inter-bank foreign exchange market transactions. From 2007 to 20 1 1 year, the trading volume of China's foreign exchange market increased by 40.3% annually.
The foreign exchange bureau said that while continuing to expand the main body of the banking market, qualified non-bank financial institutions and non-financial enterprises are allowed to participate in the inter-bank foreign exchange market transactions, increasing the diversity of foreign exchange supply and demand. At present, 26 financial companies of enterprise groups have participated in spot transactions between banks.