久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

  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: 久草视频观看 | 亚洲免费人成在线视频观看 | 国产a级高清版毛片 | 91国内精品久久久久影院优播 | 碰碰碰精品视频在线观看 | 日韩一级性生活片 | 毛片一级在线观看 | 国产欧美一区二区久久 | 国产午夜久久影院 | 综合 欧美 亚洲日本 | 国产成人女人视频在线观看 | 欧美专区一区二区三区 | 成年人精品视频 | 欧美日本高清视频在线观看 | 欧美一级毛片一免费 | 久操中文在线 | 在线看欧美日韩中文字幕 | 一级毛片在线不卡直接观看 | 欧美黄a| 国产精品手机在线亚洲 | 国产五区| 亚洲免费高清视频 | 欧美一级毛片免费播放aa | 亚洲视频一区二区三区 | 亚洲国内 | 92精品国产成人观看免费 | 亚洲午夜精品 | 国产成a人片在线观看视频 国产成版人视频网站免费下 | 男女午夜爱爱久久无遮挡 | 亚洲成a人片毛片在线 | 高级毛片 | 成人免费午夜性视频 | 免费高清在线爱做视频 | 久久久久网站 | 久久国产网 | 中文在线com | 国产黄色激情视频 | 日本全黄| 成人免费在线播放 | 久久99久久99精品免观看 | 97精品久久久久中文字幕 |