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: 99国产精品99久久久久久粉嫩 | 午夜国产在线观看 | 每日更新av | 黑人系列合集h | 国产欧美日韩在线观看 | 国产一区免费视频 | www.伊人网| 99午夜| 男人午夜视频 | 日韩特级毛片 | 精品国产一区二区三 | 久久精品黄色 | 久久综合久 | 亚洲精品成a人在线观看 | 97免费在线视频 | 午夜激情影视 | 亚洲一区二区三区视频 | www.com国产 | 手机成人在线视频 | 99视频在线| 国产永久免费视频 | 久久九九免费视频 | 国产亚洲久一区二区 | 欧美不卡 | 天天色播| 一级做a爱片性色毛片 | 亚洲第一毛片 | 婷婷狠狠| 视频一区在线播放 | 日韩欧美视频在线 | 六月婷婷激情 | 国产免费一级片 | 少妇久久久 | 国产免费一区二区三区 | 成人做爰69片免费 | 无遮挡在线观看 | 天天躁日日躁狠狠很躁 | 国产精品1区 | 一区二区不卡视频 | 激情做爰呻吟视频舌吻 | 97精品在线观看 |