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
       
 

No timetable for yuan revaluation: governor
(Shenzhen Daily/Agencies)
Updated: 2004-11-10 10:18

China had no timetable for a revaluation of its currency, People’s Bank of China Deputy Governor Guo Shuqing said.

“Foreign exchange policy (is toward) a market-based floating system...(we have) no timetable,” said Guo when asked by reporters when China would revalue the yuan.

Guo said central bank’s long-term goal for monetary policy was “sustainable growth, stable price, sound employment.”

Guo, who is also head of the State Administration of Foreign Exchange, was speaking to reporters on the sidelines of the Group of Ten meeting of central bankers from major industrialized and developing countries in Basel, Switzerland on Tuesday.

The yuan, also known as the renminbi, is pegged at about 8.28 to the U.S. dollar. China has come under heavy U.S. pressure to revalue the yuan as U.S. manufacturers say the Chinese currency is artificially cheap and this saps U.S. jobs and exports.

The Chinese Government has pledged to make the yuan more flexible through reforms, but to do so in its own time and without bowing to pressure from outside.

The yuan was also coming under upward pressure from massive inflows of foreign currency, the China Securities Journal quoted an official from the State Administration of Foreign Exchange as saying Monday.

In another development, Wei Benhua, vice director of the State Administration of Foreign Exchange, said Monday that growth in the country’s foreign exchange reserves posed challenges and the government would relax controls on capital inflows.

“Rapid, sharp growth in the size of foreign exchange reserves has triggered challenges,” the State Administration of Foreign Exchange quoted Wei as saying on its Web site.

“Under the premise of effectively controlling risk, we will selectively and gradually relax controls on cross-border capital deals to help gradually fulfil the yuan’s convertibility on the capital account,” Wei was quoted as saying.

(Shenzhen Daily-Agencies)



 
  Today's Top News     Top China News
 

Nation likely to be 3rd largest trading power

 

   
 

Nutritional imbalance plagues people

 

   
 

Mine blast kills 33, injures 6 in Henan

 

   
 

Coal mining: Most deadly job in China

 

   
 

Shen and Zhao win Cup of China

 

   
 

Consumer price remains stable in October

 

   
  Hu pledges strategic partnership with Brazil
   
  Coal mining: Most deadly job in China
   
  Mine blast kills 33, injures 6 in Henan
   
  Consumer price remains stable in October
   
  Work on anti-trust legislation stepped up
   
  Wen: Nation strengthens ties with Luxembourg
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 午夜免费小视频 | 成人午夜又粗又硬又大 | 欧美综合久久 | 一级国产片 | 成人免费毛片嘿嘿连载视频 | www.狠狠| 看片黄全部免费 | 亚洲欧美第一页 | 国产免费视频 | 激情五月综合色婷婷一区二区 | 成人免费激情视频 | 色综合久久天天综合网 | 日韩在线成人 | 免费看黄色网址 | 久久精品二区 | 国产精品成人免费一区久久羞羞 | 欧美成人xxx | 日本不卡二区 | 亚洲免费视频观看 | 精品少妇av| 97久久精品人人澡人人爽 | 天堂中文资源在线 | 国产网站在线 | 色综合久久88色综合天天 | 久久在线精品 | 免费视频久久 | 久久综合99 | 国产午夜免费 | 免费在线观看黄色片 | 国产又色又爽又黄又免费 | 日日干夜夜爽 | 日本免费在线观看视频 | www.国产| 日韩免费视频 | 日韩综合在线 | 中文字幕在线看 | 91成人免费 | 亚洲精品一区二区三区在线观看 | 欧美在线网站 | 第一福利视频 | 中文字幕在线看片 |