IMF, whose full name is international monetary fund, is translated into Chinese: International Monetary Fund, one of the two largest financial institutions in the world. It is a complex intergovernmental international financial organization with 184 countries participating. It was established according to the agreement of the international monetary fund adopted at the international monetary and financial conference of the United Nations and allied countries held in Bretton Woods, New Hampshire, USA in July 1944. It was formally established on December 27th, 1945, and started to handle business on March 1st, 1947. On November 15th of the same year, it became a specialized agency of the United Nations, but it has its own independence in operation. Headquartered in Washington, USA. The purpose of the organization is to promote international financial cooperation through a permanent institution and provide methods for consultation and cooperation on international financial issues; It aims at expanding international free trade and balanced development, reducing poverty, and taking promoting and maintaining the employment, the development of production resources and the high level of real income of member countries as the primary goal of economic policy; Stabilize the international exchange rate, maintain orderly exchange rate arrangements among member countries, and avoid competitive exchange rate depreciation; Assist member countries to establish a multilateral payment system for current transactions and eliminate foreign exchange controls that hinder world trade; Under the condition of proper guarantee, the IMF temporarily provides ordinary funds to member countries, so that they are confident to take this opportunity to correct the imbalance of international payments without taking measures that endanger their own or international prosperity; According to the above purposes, we will shorten the time and reduce the degree of imbalance in the balance of payments of member countries.

the highest authority of the IMF is the board of directors, which is composed of one chairman and one deputy chairman from each member, usually the finance ministers or central bank governors of various countries. A meeting is held in September every year, and each Council independently exercises its own voting rights (the size of each country's voting rights is determined by the amount of funds it pays); The Executive Board is responsible for the daily work and exercises all the powers entrusted by the Board of Directors. It consists of 24 executive directors, 6 of whom are appointed by the United States, Britain, France, Germany, Japan, Russia, China and Saudi Arabia, and the remaining 16 executive directors are elected by other members in 16 constituencies. China is a separate constituency with one seat. Executive directors are elected every two years; The president is elected by the executive board and is responsible for the business of the IMF. The term of office is five years and can be renewed. There are also three vice presidents.

The temporary committee of the organization is regarded as the decision-making and guiding body of the International Monetary Fund, one of the two largest financial institutions in the world. The Committee will play a full role in policy cooperation and coordination, especially in formulating the medium-term strategy. The Committee consists of 24 executive directors. The International Monetary Fund holds an annual meeting with the World Bank every year.

China is one of the founding countries of this organization. On April 17, 198, the organization formally restored China's representation. China's share in the organization is 3,385.2 million special drawing rights, accounting for 2.34% of the total share. China has 34,12 votes, accounting for 2.28% of the total voting rights. After China resumed its seat in the IMF in 198, it formed a separate constituency and sent an executive director. In 1991, the organization set up a permanent representative office in Beijing.