久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

Wen: Goal for yuan is a managed float
(Agencies)
Updated: 2005-06-26 10:30

China will keep its exchange rate basically stable while striving towards the goal of a market-driven, managed float regime, Premier Wen Jiabao said at an Asia-Europe meeting of finance ministers in Tianjin, on Sunday.

China's exchange rate reform is a 'slow business', central bank head Zhou Xiaochuan said on May 24, 2005. [AFP]

Wen said China's reform of the yuan currency would be gradual to avoid economic shocks, and must be done with consideration for China's economic and financial stability, as well as the impact on the region and the world.

China is under intense pressure from its trading partners to allow the yuan to strengthen, in line with its rising trade surpluses.

Beijing keeps the yuan pegged in a narrow range around 8.28 to the dollar but has repeatedly said it will gradually make the yuan more flexible, but in its own time.

Close

Special police detachment established in Xi'an Panda cubs doing well in Wolong Suspect arrested in Taiwan

Today's Top News     Top China News
Taiwan's KMT Party to elect new leader Saturday         'No trouble brewing,' beer industry insists         Critics see security threat in Unocal bid         DPRK: Nuke-free peninsula our goal         Workplace death toll set to soar in China         No foreign controlling stakes in steel firms	No foreign controlling stakes in steel firms       China-made telescopes race to space       'No trouble brewing,' beer industry insists       HK investors cautious on mainland homes       Law in pipeline to ban money laundering       Overseas students test their Chinese abilities