The international situation in 2018 is complex，and the global economic and financial uncertainty has risen significantly. In this context，China has maintained the balance of international payments and the overall stability of the foreign exchange market. Firstly，this report summarizes the general situation of China’s international reserve assets in 2018，and analyses the changes of the foreign exchange reserves，and summarizes the current situation of China’s foreign exchange reserve management；secondly，it summarizes the major foreign exchange management policies issued and the improvement of infrastructure construction；thirdly，it analyses the trend of RMB against the US dollar and multilateral exchange rate，and summarizes the foreign exchange market transactions，foreign exchange receipts and expenditures. Finally，it prospects the development of China’s foreign exchange market in 2019.