This paper focuses on the foreign exchange reserve scale of China, study reasonable reserve scale of China nowadays and the selection of policy.

本文以中国外汇储备规模为研究对象，探讨当前我国外汇储备的合理规模以及政策选择。

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In recent years, China's foreign exchange reserves continue to grow, caused the academic circles for Chinese foreign exchange reserve scale suitability of the extensive research and analysis.

近年来，我国外汇储备持续增长，引起了学术界对于我国外汇储备规模适度性的广泛研究分析。

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The results show that Chinese foreign exchange reserve long-term equilibrium demand and actual scale inconsistencies, margin over time constant changes, and more than a moderate scale.

结果表明我国外汇储备长期均衡需求与实际规模并不一致，差额随时间推移不断变化，并且超过了适度规模。

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