完善人民币汇率形成机制，逐步实现资本项目可兑换。
We will improve the RMB exchange rate regime and gradually make the RMB convertible under capital accounts.
资本项目可兑换是人民币实现可自由兑换的关键环节，入世后人民币资本项目可兑换面临着巨大压力。
The convertibility of capital items is a key link in the realization of the free conversion of Renminbi.
在实现了人民币经常项目下可兑换之后，人民币资本项目可兑换被提到议事日程中来。
After realizing under day-to-day items Renminbi can be exchanged for foreign currencies, the Renminbi capital item can be exchanged for foreign currencies has been put on the agenda.
建议中央银行适当提高法定存款准备金率，进一步扩大人民币汇率的浮动空间，在适当时候考虑实现我国人民币在资本项目下的完全可兑换。
PBC should raise reserve requirements rate, widen the floatability of the exchange rate, and even open its capital account to make Chinese currency (RMB) full convertible if circumstances permit.
建议中央银行适当提高法定存款准备金率，进一步扩大人民币汇率的浮动空间，在适当时候考虑实现我国人民币在资本项目下的完全可兑换。
PBC should raise reserve requirements rate, widen the floatability of the exchange rate, and even open its capital account to make Chinese currency (RMB) full convertible if circumstances permit.
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