This paper consists of five parts. The first part summarises the free exchange of capital,recalling and outlining the research conducted by academics both at home and abroad on free exchange of capital. The second part introduces the progress made so far in the realm of capital flows in our country, the current capital exchange system and capital flow. The third part analyses both the positive and negative influences of the exchange system of Renminbi as a realistic analysis of capital exchange. The fourth part proposes policy suggestions that could furthre liberalise our country's Capital and Financial Account, including perfecting the currency tools of the Central Bank, improving the position of microeconomics, enhancing the Renmibi exchange system,promoting cental planning, and enhancing the ability to detect and correct risks.
自己翻譯的，關鍵詞匯可能不是很準確，但是語法、結構、內容大致都是對的。