This Chapter outlines main activities of China’s administration of foreign exchange in 2014. Based on the past reforms，it focuses on the three main aspects in the administrative actions of foreign exchange in 2015，which includes the reform in capital accounts liberalization，reform in RMB exchange rate formation mechanism，the reforms aiming at building ‘One Belt And One Road’. The chapter concludes that China’s administration of foreign exchange will focus on how to implement the administrative power in accordance with laws，how to improvemacro-prudential framework of foreign debt and cross-border capital flow management and to support the new ‘One Belt And One Road’ Initiative and RMB internationalization.