Global EditionASIA 中文雙語Fran?ais
    China
    Home / China / National affairs

    Measures to improve forex management

    By Xu Wei | China Daily | Updated: 2019-10-29 09:43
    Share
    Share - WeChat

    State Council also aims to give a boost to cross-border trade and investment

    The State Council has renewed its pledge to maintain the yuan at a stable and balanced level and cut red tape in the foreign exchange sector as part of measures to stabilize foreign trade, investment and expand opening-up.

    In a statement following its executive meeting on Wednesday, the Cabinet said it had adopted 12 measures to improve foreign exchange management and boost cross-border trade and investment.

    A pilot reform dealing with foreign exchange receipts and payments facilitation will be expanded, and limits on the number of foreign currency accounts under capital accounts will be removed to make foreign trade and investment easier.

    Premier Li Keqiang said at the meeting that it has been the government's consistent position to maintain a stable exchange rate for the yuan and a reasonable level of foreign reserves, which were of vital importance to macroeconomic stability.

    He also highlighted the importance of preventing risks from cross-border capital flows and ensuring a stable financial sector.

    The country's foreign exchange reserves - the world's largest - rose by $19.7 billion from the beginning of this year to $3.09 trillion by the end of September, according to the State Administration of Foreign Exchange.

    Wang Chunying, a spokeswoman for the administration, told a news briefing on Friday that the measures adopted at the State Council meeting were a step toward reform aimed at further cutting red tape and improving government oversight and services and pushing forward the supply-side structural reform of the financial sector.

    It would simplify procedures for businesses seeking access to services, expand their funding channels and bolster support of domestic companies in conducting trade and investment overseas, she said.

    "It will also further reduce corporate burdens, stimulate market vitality and unleash dividends of policies," she said.

    Wang said China's economic fundamentals would continue to be a strong pillar for the stability of its foreign exchange market, and policies to expand opening-up would also play a positive role.

    Chinese banks recorded net foreign exchange sales of $48.2 billion in the first three quarters of this year, the administration said.

    1 2 Next   >>|
    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
     
    亚洲Av无码国产情品久久| 久久久久亚洲AV无码专区首JN| 直接看的成人无码视频网站| 丰满岳乱妇在线观看中字无码| 国产成人精品无码一区二区三区| a中文字幕1区| 久久99久久无码毛片一区二区| 亚洲大尺度无码无码专区| 国产爆乳无码视频在线观看| 精品人妻V?出轨中文字幕| 久久久噜噜噜久久中文字幕色伊伊| 欧洲精品久久久av无码电影| 久久亚洲AV无码精品色午夜麻豆| 日韩乱码人妻无码中文字幕| 免费无码一区二区| 人妻无码中文久久久久专区| 亚洲欧洲中文日韩久久AV乱码| 无码内射中文字幕岛国片| 夜夜精品无码一区二区三区| 国产产无码乱码精品久久鸭| 亚洲熟妇无码另类久久久| 久久丝袜精品中文字幕| 中文字幕亚洲色图| 爆操夜夜操天天操中文| 国产 日韩 中文字幕 制服| 亚洲最大av无码网址| 在线精品自拍无码| 亚洲AV中文无码乱人伦在线视色| 91精品国产综合久久四虎久久无码一级| 欧洲人妻丰满av无码久久不卡| 亚洲AV无码久久精品蜜桃| 亚欧免费无码aⅴ在线观看| 亚洲av无码精品网站| 小13箩利洗澡无码视频网站| 亚洲AV永久无码精品一百度影院 | 国产AV无码专区亚洲Av| 熟妇人妻AV无码一区二区三区| 日韩精品人妻系列无码专区免费| 少妇人妻无码精品视频| 18无码粉嫩小泬无套在线观看| 4hu亚洲人成人无码网www电影首页 |