It is crucial that the central bank should guide the market expectations on RMB issues and ANBOUND's scholars point out that the central bank should send out the following policy signals clearly and unequivocally: -

(i)China will firmly push forward various reform measures and China will stay on the path of reform and opening up;

(ii)The central bank shall establish a clear expectation on the bottom-line for the RMB exchange rate fluctuation;

(iii)The central bank shall show its determination in maintaining a steady economic growth and make the relevant measures public; and

(iv)The government will fully protect the private wealth and privately owned estates, respect the private property rights and make the personal capital feel more secured to stay in China.