Against the backdrop of the deepening globalization and informationization, any market turmoil in the world's financial market will be transmitted to the global market in no second, as a result of which, the mutual interaction and interference among the world’s financial markets has been intensified.

Although the financial market in China is not fully open, in this turbulent time, when it comes to financial policy, it is of utmost importance that China chooses the correct policy thinking and keep its domestic market stable.

The research team at ANBOUND Consulting, an independent think tank in China is of the view that in face of the turbulent international financial market, China should devise its financial policy wisely to contain the capital outflows, particularly to prevent the occurrence of massive capital outflows.

Given that the nation has yet to eliminate the threat posed by yuan depreciation as well as capital outflows, the formulation of financial policy aiming at curbing capital outflows should be made the top priority of the policy department.