Forex "With 30 years of reform and opening up, China's forex management system reforms is going along the direction of narrowing down the mandatory plans and nurturing the market mechanism, to transform orderly from the highly centralized fore management system to the foreign exchange management system that adapts to the socialist market economy. Before and after the reform and opening up, especially in recent years, there are new changes emerging in China's forex field. Being a developing country, China had faced two major dilemma, savings gap and forex gap. "Two-gap" severely hampers Chinaâ€™s economic development. The main goal of the foreign exchange management was to protect that the countryâ€™s high concentration and uniform domination to the forex that is a scarce resources. Now, China has become the world power of world trade import and export , and the world power of the forex reserves."