国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

  Home>News Center>China
       
 

China vows further forex, capital account reform
(AFP)
Updated: 2005-12-05 16:30

China has vowed to carry out further reforms to the yuan, reiterating it will loosen regulations on its tightly restricted capital account but without giving a concrete timetable.

In a question and answer question carried in the official China Securities Journal, the central bank said it would guide reasonable capital outflows and improve the management of capital inflows.

"The next step will be to deepen the flexibility of the yuan (in) the currency's exchange rate system, perfecting it based on market demand and supply, in accordance with (China's) economic development and reform needs," the People's Bank of China said in the newspaper.

"Meanwhile, at the same time ... (to) promote the capital account's convertibility allowing the reasonable outflow of capital and at the same time strengthening and pefecting the management of fund inflows."

China revalued the yuan in July by about 2.1 percent against the dollar and putting it into a basket of currencies.

The Chinese central bank also said in Monday's comments it did not believe the yuan revaluation would cause a sharp increase in imports or decrease China's advantage in the manufacturing sector.

Regulators would not restrict imports, the bank said, adding that any increase in imports would help reduce the nation's trade surplus.

In October, China's trade surplus hit a record 12.01 billion dollars.

Exports for January to October were up 31.1 percent at 614.49 billion dollars, while imports stood at 534.12 billion dollars, up 16.7 percent.



About 1,000 vehicles stranded in Qinling
Premier Wen starts visit to France
Job fair in Changchun
  Today's Top News     Top China News
 

State banks not sold cheaply - banking regulator

 

   
 

Airbus mulls plane assembly in China

 

   
 

China's economy to grow by 9.4 pct this year

 

   
 

DPP under pressure to improve mainland ties

 

   
 

Former 9/11 commissioners: US still at risk

 

   
 

Big income rise for farmers unlikely next year

 

   
  HIV/AIDS vaccine still some years away
   
  Corrupt official steals Three Gorges' cash
   
  Airbus mulls plane assembly in China
   
  Owner of disaster-struck coal mine disappears
   
  Tap-water supply cut off as city braces for toxic slick
   
  Farmers hit by double whammy
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
剑河县| 新竹县| 肥城市| 苍梧县| 象州县| 中山市| 天等县| 株洲县| 蒙城县| 饶阳县| 锦州市| 体育| 石景山区| 沁水县| 武邑县| 柞水县| 息烽县| 浠水县| 玉环县| 航空| 都匀市| 普宁市| 惠安县| 泰兴市| 高清| 彭州市| 安徽省| 甘孜| 祁阳县| 澳门| 托克托县| 民和| 屏南县| 车致| 高唐县| 泾川县| 东至县| 基隆市| 祁阳县| 达拉特旗| 宜宾县|