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
       
 

Leaders meeting focuses on yuan, growth
(Reuters/chinadaily.com.cn)
Updated: 2005-11-30 08:55

The need to cut China's huge balance of payments surplus to fend off U.S. pressure for a stronger yuan is probably high on the agenda of a key meeting of Chinese leaders that began on Tuesday, economists and government sources said.

President Hu Jintao and Premier Wen Jiabao are expected to attend the annual Central Economic Work Conference, which will set the course of policy for 2006. The closed-door meeting usually lasts 3 days.

The Bush administration on Monday determined that China was not manipulating its currency to gain economic advantages but still pressed the Chinese to move more quickly to allow the yuan's value to be set by market forces.
A man lays out various denominations of the Chinese yuan, in Beijing. [AFP]

"The currency has to be on the agenda and there's bound to be a greater emphasis on resolving the balance of payments problem," said a senior economist at the State Information Center, a top government think-tank in Beijing.

The meeting opened a day after the U.S. Treasury declined to name China a currency manipulator, despite the demands of many U.S. law-makers, but served notice that it would keep pressing Beijing to let its currency rise in value.

The yuan did in fact rise on Tuesday to 8.0796 to the dollar, the highest level since it was revalued on July 21 by 2.1 percent to 8.11 and allowed to float within a managed range.

But the yuan's total appreciation against the dollar since July is still only 0.38 percent, prompting criticism in the U.S. Congress that the currency is being artificially held down given China's billowing external surpluses.

China's current account surplus, one of the counterparts of America's huge current account deficit, rose ninefold in the first half of 2005 from a year earlier, topping 8 percent of gross domestic product.

Beijing is trying to reduce the surplus by pressing ahead with gradual currency reforms, which will let supply and demand play a greater role, and by spurring consumption.
Page: 12



Suzhou-Nantong Yangtze bridge
Injured miners treated in hospital
Class resumes in quake-hit Jiujiang
  Today's Top News     Top China News
 

FM: China-Japan leaders' meet 'impossible'

 

   
 

Leaders meeting focuses on yuan, growth

 

   
 

China to unveil 5-year AIDS control plan

 

   
 

Coal mine death toll expected to reach 151

 

   
 

Malaysia urged to probe abuse cases

 

   
 

China, Mongolia finalize 4,677-kilometer border

 

   
  FM: China-Japan leaders' meet 'impossible'
   
  China to unveil 5-year AIDS control plan
   
  Snow: China should get credit for yuan moves
   
  Russia set to get help on slick
   
  Leaders meeting focuses on yuan, growth
   
  More funds needed to fight coal fires
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 沈阳市| 满城县| 金湖县| 确山县| 泗洪县| 乌海市| 巴彦淖尔市| 星座| 海伦市| 旺苍县| 盘山县| 灵台县| 高唐县| 牙克石市| 托里县| 永安市| 大渡口区| 旬阳县| 新竹市| 塘沽区| 城市| 竹北市| 凤凰县| 青阳县| 桐柏县| 嘉善县| 夏河县| 北碚区| 千阳县| 兴国县| 仁寿县| 乌什县| 合江县| 石渠县| 巴青县| 布拖县| 怀集县| 栾城县| 赫章县| 河池市| 乌拉特前旗| 岱山县| 台中市| 成安县| 台州市| 竹溪县| 宁城县| 永清县| 蒙城县| 上饶市| 临猗县| 长白| 尉犁县| 南宁市| 教育| 兴宁市| 隆化县| 宁国市| 尼玛县| 定襄县| 曲水县| 西城区| 无锡市| 洛浦县| 环江| 布拖县| 承德市| 德保县| 吴江市| 太谷县| 潮州市| 阳城县| 三江| 永康市| 尉犁县| 原平市| 喀喇沁旗| 资源县| 托克逊县| 同仁县| 大兴区| 米泉市|