To deal with and crack down on the special action of hot money inflow

To crack down on "hot money" and other abnormal cross-border capital inflows, to safeguard the national economic and financial security, since February 2010, the State administration of foreign exchange has launched a special action to deal with and crack down on "hot money" in 13 provinces (cities) with large foreign trade, and targeted the "hot money" inflow of key subjects and key channels.　　In accordance with the established action plan, has completed on-site inspection phase of work, found that a number of typical cases and the subject involved, special action has achieved a phased outcome. The total of the special action is not on-site to troubleshoot Cross-border transactions 3.47 million, the cumulative amount of more than 440 billion U.S. dollars. Up to now, has confirmed 190 suspected irregularities, the amount of money involved 7.35 billion dollars, which has completed 6, involved in the amount of more than 27 million dollars. In addition, there are a number of clues to be further verified.　　Special operations, the Foreign Exchange Bureau to further improve the inspection methods, especially in the prophase of the off-site inspection stage more use of electronic means of monitoring data comparison analysis, to determine the clues and then to check the implementation, so as to ensure that most of the main sinks normal trade and investment activities unaffected. Special action data initially shows that China's Cross-border capital flows and foreign exchange receipts and balances are generally legal compliance, and has not yet found outside the "hot money" organized, large-scale inflow into the territory. Illegal inflow of "hot money" to take more "ant move" way, presenting a more point type, infiltration characteristics. The main channels of "hot money" illegal inflow focus on the traditional trade and investment fields, including trade, service trade, foreign direct investment, banks and individuals, etc., and find that individual commercial banks have failed to strictly enforce the relevant regulations, or even "flexible" to help the main body to evade foreign exchange supervision.　　From the point of view, "hot money" inflow after some engaged in the financing activities beyond the scope of business, or directly or into the real estate and other hot areas. The next stage, the foreign Exchange Bureau will continue to troubleshoot the case clues, while concentrating on the investigation of cases of irregularities, and to deal with the law. For the new situation and problems found in the inspection, we will actively strengthen coordination with relevant departments, exert the supervision force, and continuously improve the pertinence and effectiveness of "hot money" inflow. Finish)