男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影
  Home>News Center>China
       
 

Oil price impact on China's economy 'limited'
(Xinhua)
Updated: 2005-10-20 13:22

Exchange rate to remain stable

China's currency exchange rate will remain stable for a period of time, Zheng said.

China announced its decision on Renminbi (RMB) exchange rate reform, introducing a floating width band of about 2 percent for the currency against a basket of foreign exchange on July 21 of this year, shortly after the NBS made public figures on performance of the national economy.

On July 21, the People's Bank of China, China's central bank, announced that China's currency, the RMB, will be traded at a rate of 8.11 to the US and the yuan to US dollar pegging system is switched to a basket of foreign currencies.

"That's a pure coincidence, and it won't occur this year," Zheng said.

The key to the exchange rate reform lies in the change of the forming mechanism of the rate, not simply the exchange rate itself, he said.

Chinese Premier Wen Jiabao said earlier this month that the reform of the RMB exchange rate is a process of gradual improvement.

He told Rodrigo Rato, Managing Director of the International Monetary Fund (IMF), that the most important thing at present is to deepen the results of the exchange rate reform and to improve services in relevant fields.

That includes improving the foreign exchange market and providing more financial services to enterprises to avoiding risks, improving the adjustment mechanism of the RMB exchange rate and intensifying supervision of cross-country capital flows to ensure the smooth operation of the new exchange rate mechanism, Wen said.


Page: 123



Shenzhou VI re-entry capsule opened in Beijing
Rumsfeld in Beijing
Wedding gown show
  Today's Top News     Top China News
 

Premier: GDP to exceed US$1.85 trillion in 2005

 

   
 

Oil price impact on China's economy 'limited'

 

   
 

China's defence spending 'not a lot'

 

   
 

Olympic commitment held aloft in space

 

   
 

2,600 birds dead of bird flu in China

 

   
 

Wilma forces Caribbean tourists to flee

 

   
  Wen: 2006-10 plan 'active and prudent'
   
  Internet 'baby sale' sparks investigation
   
  Bid to build democracy comes to fruition
   
  China's defence spending 'not a lot'
   
  HK unveils constitutional development
   
  Toy container explosion kills eight
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
Chin's GDP grows 9.4% in first three quarters
   
Economy grows 9.4% in 1st nine months
   
Premier: GDP to exceed US$1.85 trillion in 2005
   
China to double per capita GDP
   
Oil imports may cost an extra US$10b
   
China sets up new oil group to meet demands
   
Economist: High oil price to cost China additional US$15b
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 双鸭山市| 盐边县| 阿拉善右旗| 山阳县| 正阳县| 唐山市| 正阳县| 平山县| 漳浦县| 岳西县| 通榆县| 凤阳县| 齐齐哈尔市| 遂昌县| 磐安县| 朝阳县| 富源县| 丽水市| 佳木斯市| 正蓝旗| 罗甸县| 泌阳县| 岳普湖县| 上杭县| 岗巴县| 望奎县| 怀远县| 芦溪县| 罗江县| 澄江县| 陵水| 文安县| 台东市| 永寿县| 色达县| 贡觉县| 潮安县| 抚顺县| 桐城市| 西贡区| 镇宁| 阳信县| 马公市| 莆田市| 开远市| 和林格尔县| 河源市| 乌恰县| 冷水江市| 洛川县| 商南县| 英吉沙县| 三河市| 车险| 满洲里市| 奉新县| 阜新市| 论坛| 稻城县| 化州市| 吴旗县| 卢氏县| 遂昌县| 景谷| 天长市| 蓝田县| 广宗县| 延长县| 唐河县| 麻江县| 北辰区| 永清县| 崇明县| 河源市| 临沧市| 昭觉县| 新龙县| 江门市| 鹿泉市| 柞水县| 乐平市| 新绛县|