Specifically, Huijin is responsible for managing and operating China's foreign exchange reserves under the supervision of the central bank. As the central bank of the country, the central bank is responsible for formulating and implementing monetary policies and managing the country's currency issuance and foreign exchange reserves. Huijin invests and manages foreign exchange reserves under the supervision of the central bank according to the needs and policies of the country.
In addition, the central bank also cooperates with Huijin to promote the stable development and reform of the financial market. Through supervision and policy guidance, the central bank ensures the stable operation of the financial system and maintains the healthy development of the financial market. Huijin, as a financial institution under the central bank, plays an important role in foreign exchange reserve management and international financial investment.
To sum up, the relationship between Huijin and the central bank is a regulatory relationship. The central bank is responsible for supervision and management, and Huijin is responsible for implementing the policies and guidance of the central bank and managing and operating foreign exchange reserves. This cooperative relationship is conducive to maintaining the stability of financial markets and the financial security of the country.