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Overview: China Foreign Exchange Committee
China Foreign Exchange Committee (CFXC) serves as a senior-level forum under the sponsorship of the People’s Bank of China (PBC) and State Administration of Foreign Exchange (SAFE).
China Foreign Exchange Committee (CFXC) serves as a senior-level forum under the sponsorship of the People’s Bank of China (PBC) and State Administration of Foreign Exchange (SAFE). CFXC is expected to provide an overall guidance to China’s FX market from the macro and systematic perspective concerning the reform and development of China’s foreign exchange (FX) market, so as to promote the healthy and orderly development of the market. Membership is drawn from the PBC and SAFE, primary market participants and infrastructure providers.
   
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