Meanwhile, in the aspect of balance of payments, China has also embarking on transforming its double-surplus for the moment in current and capital accounts. In the current account, on one hand China expands its imports, high and new tech imports in particular, on the other hand China begins to modify its export structure, such as declaring to levy advisable export tariffs on part of textiles & clothing and several kinds of metals including Aluminum, Copper and Nickel. In the capital account, China has framed out the "go-out" strategy and with the related suite of measures coming on, China is believed to appear more and more often in the global industry competitions.
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At a fixed exchange rate, a current account surplus not offset by a corresponding voluntary capital outflow will generate an increase in the monetary base.
在汇率固定的情况下，如果没有相应的自愿资金外流，来抵消经常账户盈余，就会造成货币基础的增长。
One is the irregular capital can neither flows in nor can precede without make a detour because China's current foreign exchange management system remains the system on managing capital account.
一是中国目前的外汇管理体制还是对资本项目实行管理的体制，资本项目下不正常的资本流入要么进不来，要么必须绕道而行。
The fund has historically opposed capital controls, even trying in 1997 to amend its articles of agreement to allow it explicitly to promote capital - account liberalisation.
从历史的角度来看，国际货币基金组织一贯反对资本控制，在1997年亚洲金融危机时，它甚至尝试修改该组织协议中的一些条款，好使其公开倡导资本性账户自由化。
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