日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

  Home>News Center>China
       
 

China to improve RMB exchange rate system
(Xinhua)
Updated: 2004-09-29 09:38

Chinese Premier Wen Jiabao said in Beijing Tuesday that China will adopt measures from a number of aspects to improve exchange rate mechanism of Renminbi (RMB), the Chinese currency, in a steady and appropriate manner.

Wen made the remarks during his meeting with Charles O. Prince, chief executive officer of the Citigroup and former US Secretary of Treasury Robert Robin in the Great Hall of the People in Beijing.

"We will further advance the reform and forge a mechanism which is more adapted to the changes in market supply and demand with still better flexibility," Wen said, acknowledging this reform represents a systematic project involving a host of aspects.

In this course, Wen added, numerous factors should be taken into account, including China's macro economic performance, social development, international income and expenditure; the progress of the reform on banking sector and progress of reforms in related spheres; and the economic and financial situation of neighboring countries and regions and of the world economy and finances.

Improving RMB exchange rate mechanism, and maintaining the basic stability of the RMB exchange rate on a reasonable and balanced level are the direction and goal of the reform on RMB exchange rate system, the Chinese premier said.

In recent years, China has done a lot of related work in improving the RMB exchange rate mechanism, Wen noted, citing the accelerated pace in the reform of State-owned commercial banks; convertibility under the RMB current accounts; steady relaxed restriction on capital accounts.

Those achievements also involves a more and steady opening of the capital market; an increase in the number of institutes from overseas in Chinese securities and stock market and foreign-funded enterprises; the easing of restrictions on financial market access and other related businesses, a rapid increase in the number of products and the scope of the financial market, he added.

China has been following a managed, floating exchange rate system based on the market supply and demand, Wen acknowledged.

RMB has been in a process of appreciating or devaluating against major international currencies ever since 1994, when China started the reform of RMB exchange rates, he recalled. And the floating range was relatively greater in the four years preceding 1997.

Since 1998, to cope with the Asian financial crisis, The Chinese government, in a responsible manner, kept the commitment not to devaluate RMB and narrowed the floating range of the RMB exchange rate, thus contributing to the stability and development of finance and economy of Asia and the world at large, Wen said.

"During my visit to the United States last year," Wen said, "President George W. Bush and I reached five consensuses on Sino-US economic and trade issues with the core of development, equality and mutual benefit."

At present, the overall momentum in the development of Sino-US ties was good and bilateral trade and economic cooperation kept moving forward, Wen said, voicing the hope that the two sides will follow the above-mentioned guidelines to maintain the sound and stable growth of trade and economic relations.



 
  Today's Top News     Top China News
 

Province fills leading positions via election

 

   
 

China to improve RMB exchange rate system

 

   
 

Death toll from boat accident rises to 28

 

   
 

Strong earthquake shakes central California

 

   
 

Birth anniversary of Confucius remembered

 

   
 

College graduates' job situation improving

 

   
  China supports rational reforms of UN
   
  Cadres get their posts via election
   
  Patent on Viagra faces challenge
   
  Circular economy enhances development
   
  Country dominates at Paralympics
   
  College graduates' job situation improving
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
100 foreign banks now offer RMB services
   
China should say no to RMB appreciation
   
Economists back RMB stability
   
Improved currency mechanism suggested
   
Renminbi interest rate to remain unchanged
   
Immediate interest rate rise unlikely
   
Country unaffected by US rate
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 俄罗斯厕所偷窥视频 | 91在线看 | 亚洲免费一区二区 | 国产欧美性综合视频性刺激 | 奇米第四狠狠777高清秒播 | 国产精品久久久久久久久久久久久 | 12306午夜被窝播播影院yw188 | 污免费网站 | 国产成人福利 | 欧美精品一二三 | 国产成人亚洲毛片 | 日韩在线视频在线 | 国产久视频观看 | 人人射人人插 | 精品国产视频 | 在线观看欧美成人 | 米奇7777狠狠狠狠视频 | 无码日韩精品一区二区免费 | 国产成人精品在线观看 | 欧美综合图区亚欧综合图区 | 国产69精品久久久久999小说 | 91精品国产闺蜜国产在线 | 久久成人18免费网站 | 色综合精品久久久久久久 | 一区二区三区四区在线播放 | 午夜免费电影网 | 亚洲精品国产综合一线久久 | 婷婷开心六月久久综合丁香 | 亚洲一一在线 | 久久99精品久久久久久 | 久久国产精品一区二区三区 | 国产不卡免费视频 | 在线色网站 | 99久久国产免费福利 | 国产高清在线观看av | 最新日本中文字幕在线观看 | www.久久 | 日本一区二区三区免费观看 | 一区中文 | 亚洲精品久久久一区二区三区 | 国产精品日本一区二区在线播放 |