Economy

International community react positively to China move on yuan reform

(Xinhua)
Updated: 2010-06-21 09:27
Large Medium Small

BEIJING - The international community has reacted positively to the pronounced move by the People's Bank of China to proceed further with its reform of the exchange rate regime so as to enhance the flexibility of the renminbi's or yuan's exchange rate.

US President Barack Obama described the move as a "constructive step" while IMF Director-General Dominique Strauss-Kahn rated the move as "a very welcomed development."

"China's decision to increase the flexibility of its exchange rate is a constructive step that can help safeguard the recovery and contribute to a more balanced global economy," said Obama in a statement.

The IMF chief noted that China's move "will help increase Chinese household income and provide the incentives necessary to re-orient investment toward industries that serve the Chinese consumer."

The European Union said "such a move will be beneficial for both the Chinese economy and the global economy," adding that the move would not only benefit China's own economy but also the economy of the world as a whole.

"The implementation of the decision will help achieve more sustainable growth in the global economy, contribute to reduce external imbalances and strengthen the stability of the international monetary and financial system," the 27-nation bloc said in a statement.

Related readings:
International community react positively to China move on yuan reform 'Hot Money' controllable as yuan reform proceed
International community react positively to China move on yuan reform China's move on yuan reform widely welcomed
International community react positively to China move on yuan reform China yuan reform must defeat speculators: report
International community react positively to China move on yuan reform China to further reform RMB exchange rate regime

The statement even hailed the move as "providing an important contribution to the success of the G20 Toronto summit."

US Treasury Secretary Timothy Geithner also welcomed China's decision to further reform its exchange rate mechanism and expected further cooperation with his Chinese counterpart within G20 to promote the economic recovery.

His views were shared by Canadian Prime Minister Stephen Harper. "This is an important step forward and its full implementation will contribute to strong, sustainable and balanced global growth," Harper said.

"We look forward to additional steps by G20 countries at the Toronto summit to improve the economic prospects of all of our citizens," he added.

The People's Bank of China, the country's central bank, made the announcement ahead of the G20 summit which focuses on bettering international economic governance.

主站蜘蛛池模板: 大地资源视频在线观看| 精品一区二区三区自拍图片区| 耻辱にまみれた失禁调教| 在线毛片免费观看| 一级做a爰毛片| 日本一区二区免费看| 二女一男女3p完整版在线观看| 欧美日韩一区二区在线视频| 人人妻人人添人人爽日韩欧美| 翘臀少妇被扒开屁股日出水爆乳| 国产女人18一级毛片视频| 香港三级欧美国产精品| 国模无码视频一区| bl道具play珠串震珠强迫| 性中国videossex古装片| 中文字幕精品亚洲无线码二区| 日韩人妻无码一区二区三区综合部 | 久久777国产线看观看精品卜| 日韩精品中文字幕视频一区| 亚洲乱码国产乱码精品精| 欧美日韩国产码高清综合人成| 亚洲精品成人a在线观看| 理论片2023最新在线观看| 全免费毛片在线播放| 精品福利视频一区二区三区| 四虎影永久在线观看网址| 草莓app在线观看| 国产伦精品一区二区免费| 麻豆文化传媒精品免费网站| 国产精品一区二区av| 2021久久精品国产99国产精品 | 亚洲人成77777在线播放网站不卡| 欧美特黄特色aaa大片免费看| 亚洲视频456| 狠狠色伊人亚洲综合成人| 免费一级毛片免费播放| 真正全免费视频a毛片| 免费观看一级成人毛片| 经典三级在线播放线观看| 含羞草实验研所入口 | 精品一区二区三区在线视频|