State Administration of Foreign Exchange
The State Administration of Foreign Exchange (SAFE) of the People's Republic of China is an administrative agency under the State Council tasked with drafting rules and regulations governing foreign exchange market activities, and managing the state foreign-exchange reserves, which at the end of December 2016 stood at $3.01 trillion for the People's Bank of China. The current director is Pan Gongsheng.
| 国家外汇管理局 Guójiā wàihuì guǎnlǐ jú | |
| Agency overview | |
|---|---|
| Formed | 1978 |
| Jurisdiction | China |
| Headquarters | Beijing |
| Agency executive | |
| Parent agency | People's Bank of China |
| Website | SAFE.gov.cn |
| State Administration of Foreign Exchange | |||||||
|---|---|---|---|---|---|---|---|
| Traditional Chinese | 國家外匯管理局 | ||||||
| Simplified Chinese | 国家外汇管理局 | ||||||
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