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
       
 

Snow 'astonished' by changes in Shanghai
(AP)
Updated: 2005-10-12 19:20

U.S. Treasury Secretary John Snow said he was "astonished" by Shanghai's economic transformation Wednesday as he began a visit expected to focus on China's currency policies and its huge and growing trade surplus with the United States.

Snow 'astonished' by changes in Shanghai
U.S. Treasury Secretary John Snow speaks to journalists at Shanghai Stock Exchange Wednesday Oct. 12, 2005 in Shanghai, China. Snow toured the financial center of Shanghai on Wednesday as he embarked on a visit expected to focus on China's currency policies and its huge and growing trade surplus with the United States. [AP]

Speaking above the trading floor of this city's stock exchange, Snow said he was stunned by Shanghai's dramatic transformation from a crumbling relic of central planning into a modern commercial hub.

"I'm astonished every time I come to see how much has happened since the last time I came," Snow said. Compared with 10 years ago, "the changes are nothing short of breathtaking."

Yet Snow urged China to move even faster in pushing ahead with reforms of its nascent capital markets, which still lag behind the rest of the booming economy. China allows only limited foreign exchange trading, its bond and other financial products markets are in their infancy, and most companies choose to list shares not on domestic bourses but in Hong Kong and elsewhere.

"It's clear the potential of the financial sector to play a larger role in the economy is enormous," Snow said, adding that he would continue to press for greater openness for foreign companies — and for more progress toward a more flexible, market-driven exchange rate.

"It's in China's interest to continue down this path," said Snow, who is leading a delegation in Beijing, backed by Federal Reserve Chairman Alan Greenspan. They plan to meet with Chinese officials Oct. 16-17 in Beijing for the U.S.-China Joint Economic Commission, which serves as a regular forum for U.S. and Chinese officials to discuss economic issues.

   上一頁 1 2 下一頁  



Fire kills 5 in Northeast China
Aerobatics show in Hunan
Final rehearsal
  Today's Top News     Top China News
 

Australia, US, Japan praise China for Asia engagement

 

   
 

Banker: China doing its best on flexible yuan

 

   
 

Hopes high for oil pipeline deal

 

   
 

Possibilities of bird flu outbreaks reduced

 

   
 

Milosevic buried after emotional farewell

 

   
 

China considers trade contracts in India

 

   
  EU likely to impose tax on imports of Chinese shoes
   
  Bankers confident about future growth
   
  Curtain to be raised on Year of Russia
   
  Coal output set to reach record high of 2.5b tons
   
  WTO: China should reconsider currency plan
   
  China: Military buildup 'transparent'
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
US economy into strong recovery: John Snow
   
John Snow heads to China, appoints new aide
   
Snow to check China's currency moves
   
Snow urges China for more action on yuan
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
新泰市| 贵阳市| 新和县| 嘉峪关市| 昂仁县| 资阳市| 新蔡县| 宁安市| 宽甸| 富源县| 夏邑县| 乌拉特中旗| 宝清县| 民勤县| 鄄城县| 巩留县| 永兴县| 山东| 邵阳市| 大同县| 大渡口区| 根河市| 垫江县| 安国市| 衡阳市| 甘德县| 平湖市| 梧州市| 基隆市| 东海县| 四会市| 定西市| 苏尼特右旗| 汝城县| 剑川县| 中超| 泰州市| 张家界市| 定西市| 新营市| 离岛区|