中文摘要：

中国的外汇储备已超过日本，成为世界第一大外汇储备国。中国国际收支不平衡、现行的人民币汇率制度和外汇管理体制储备及人民币的升值预期等因素使得中国的外汇储备继续保持高速增长。超额的外汇储备蕴含着巨大的成本和风险，其规模的急剧扩大对我国经济发展产生了一系列负面影响。本文从中国高额外汇储备成因，现状及特点分析出发，探讨了外汇储备的过快增长，外汇结构的单一所蕴藏的巨大风险。并对如何有效地改善这种状况，提出一些建议。

英文摘要：

China has become the largest foreign exchange reserve country worldwide by taking the place of Japan. Chinese foreign exchange reserve growth has been maintaining high speed these years on account of the balance of payments disequilibria,the existing RMB exchange rate regime and RMB upvalue expectation. The excessive foreign exchange reserve implies huge cost and risk. The rapidly- expanding size brings a series of negative influence to China＇s economy. The paper analyzes the main reasons for Chinese excessive foreign exchange reserve, its state and features and studies the large risk caused by foreign reserve＇s excessively growth and monadic foreign exchange structure and finally gives some advices on how to effectively improve on such situation.