在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

  Home>News Center>China
       
 

China pledges yuan stability
(chinadaily.com.cn)
Updated: 2004-03-11 11:49

The People's Bank of China, the country's central bank, reiterates on Thursday its long-standing position on Renminbi, saying the yuan exchange rate will be kept stable at a reasonable level.

"We will steadily push ahead with the convertibility of the yuan under the capital account, further develop the foreign exchange market, improve the mechanism for determining the yuan exchange rate and keep the exchange rate basically stable at a balanced level," the bank said in a statement.

The statement was issued ahead of a joint news conference by the central bank Governor Zhou Xiaochuan and the banking regulator Liu Mingkang of the China Banking Regulatory Commission (CBRC) on the sidelines of an annual session of the National People's Congress.

The yuan is pegged around 8.28 to the U.S. dollar.

NPL ratio down

According to the background materials provided by the CBRC at the press conference, China's major banking institutions slashed the ratio of non-performing loans (NPLs) by 5.32 percentage points to 17.8 percent last year.

In 2003, total NPL volume of major Chinese financial institutions was cut off by 190.6 billion yuan (US$23.1 billion) to 2.44 trillion yuan (US$295 billion) at the year's end, it said. 

The figures demonstrate China's enhanced ability to weather financial risks and supervise its banking institutions, the CBRC said.

The CBRC punished 1,242 banking institutions at different levels and penalized 3,251 bank staffs who violated financial regulations in the past year. The financial "watchdog" also strengthened its off-site surveillance function, and monitored economic and financial development so as to promptly identify and signal potential risks, according to the material.

It also said that China has stepped up efforts on combating currency counterfeit in the past year, confiscating 656 million yuan and US$5.05 million in counterfeit notes.

Meanwhile, banknote management was strengthened and a total of 9,007 financial institutions were found violating cash management regulations last year, it added.

 

 
  Today's Top News     Top China News
 

Pakistanis may be near bin Laden's aide al-Zawahri

 

   
 

Government relaxes control of airfares, finally

 

   
 

U.S. launches WTO complaint against China

 

   
 

Report: China, Iran sign US$20b gas deal

 

   
 

FM to pay official visit to DPRK

 

   
 

women bosses urged to date and marry

 

   
  FM to pay official visit to DPRK
   
  As kids keep on calling, experts worry
   
  Gov'ts urged to clear up payments in arrears
   
  Sino-US trade advances amid problems
   
  Police website builds bridges to community
   
  Drought worsens capital water crisis
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  Staking a whole generation of Chinese entrepreneurs  
Advertisement
         
主站蜘蛛池模板: 欧美在线天堂 | 九九国产 | 亚洲天天操 | 国产精品一二三四区 | 日韩久久网 | 欧美一级欧美三级在线观看 | 亚洲欧美在线一区 | 日韩精品视频在线播放 | 国产精品一区二区视频 | 欧美午夜精品一区二区 | 日韩精品视频网站 | 欧美久久综合 | 中文字幕三级 | 欧美顶级黄色大片免费 | 精品在线播放 | 四虎影视在线播放 | 欧美日韩国 | 天天干在线观看 | 视色网| 日韩视频在线观看 | 国产91av在线 | 久久久蜜桃 | 亚洲福利在线观看 | 久久久午夜| 中文字幕av片 | 国产又粗又猛又黄又爽无遮挡 | 欧美激情免费 | 人人草av | 国产欧美一区二区精品性色超碰 | 国产欧美日韩综合 | 欧洲精品一区二区 | www.黄色网 | 国产成人精品网站 | 日韩一级在线观看 | 一区二区网站 | 久久都是精品 | 人人插人人爱 | 在线观看av的网站 | 美女扒开腿让人桶爽原神 | 天天干天天操天天 | 长河落日 |