Home>News Center
       
 

Wen urges deepening reform of state banks
(chinadaily.com.cn)
Updated: 2004-03-05 10:31

"We need to accelerate the reform of the wholly state-owned commercial banks, focusing on a pilot project to transform the Bank of China and China Construction Bank into stock enterprises," said Premier Wen Jiabao Friday.

Other commercial and policy banks must also deepen their reform, he said in his government work report delivered at the opening of the Second Session of the Tenth National People's Congress.

China will press ahead with the trial reform of rural credit cooperatives and, on the basis of a review of that experience, gradually expand the reform to a wider area.

The premier said that China will continue to reform and open up the capital market and develop it steadily, adding the government will allow the amount of bonds issued by enterprises to increase and the proportion of direct financing by enterprises to rise gradually.

China will continue reforming the insurance industry and expand the insurance market. "We need to improve the regulatory systems for banking, securities and insurance, coordinate these systems better, and tighten financial control to ensure sound operation of the financial sector," he said.

China will also carry forward the reform of the fiscal and taxation systems, with focus on gradually shifting from a " production VAT" to a "consumption VAT" by reclassifying equipment investment as VAT-deductible to facilitate the technological upgrading of enterprises and enhance their capability for self- development.

These reform measures will be tried out first in some industries in northeast China this year, according to the premier.

Meanwhile, supporting measures must be formulated quickly so that the country can carry out the plan for reforming the export tax rebate system in earnest.

He pledged to carry forward the reform of the investment system, rationally define the government's investment functions, and establish a macro-control mechanism for investment and improve control methods and measures.

The government needs to make intensive efforts to put in place a system for collecting information on the credibility of enterprises and individuals, a system for overseeing the credit market, and a mechanism for penalizing those who lose their credibility, Wen said.

 
  Today's Top News     Top China News
 

Office: Beijing watches Taiwan developments closely

 

   
 

State tightens farmland protection

 

   
 

Doctor starts 49-day fast to test TCM regimen

 

   
 

Fighting follows Afghan minister's killing

 

   
 

China values military ties with neighbors

 

   
 

Dads ask: 'Is this my child?'

 

   
  Three Gorges Dam Project sparks new relocation
   
  Long March III A chosen for lunar mission
   
  Education key to ending sex trade
   
  China values military ties with neighbors
   
  Going-west still a top development strategy
   
  Office: Beijing watches Taiwan developments closely
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  Are the Chen-Lu shootings a fabricated hoax or an amateurish bungling  
Advertisement
         
主站蜘蛛池模板: 女人的精水喷出来视频| 最近中文字幕高清中文字幕无| 啄木乌欧美一区二区三区| 黑人粗大猛烈进出高潮视频 | 色偷偷8888欧美精品久久| 国产欧美日韩精品a在线观看| 57pao一国产成视频永久免费 | 亚洲va在线va天堂成人| 欧美极度另类精品| 亚洲精品美女久久777777| 男人添女人下部高潮全视频| 午夜成人免费视频| 久久久久亚洲AV无码专区体验 | 久久国产精品范冰啊| 最新国产在线视频| 亚洲人成图片小说网站| 欧美日韩国产网站| 亚洲欧美日韩中文无线码| 熟妇人妻不卡中文字幕| 免费中韩高清无专码区2021| 精品国产一区二区三区AV性色 | 99福利视频导航| 女人与公拘交的视频www| 一区二区三区免费视频播放器| 成人免费无码大片A毛片抽搐色欲| 久久久久久夜精品精品免费啦| 日韩在线播放中文字幕| 色yeye香蕉凹凸视频在线观看| 国产剧情在线看| 香蕉视频在线观看网站| 国产成人亚综合91精品首页| 激情综合网五月| 国产日产久久高清欧美一区| 欧美另类xxx| 国产欧美日韩一区二区加勒比| 亚洲精品福利你懂| 国产真实乱子伦精品视频| 五月婷婷伊人网| 国产真实乱在线更新| 日本特黄特色特爽大片老鸭| 国产粗话肉麻对白在线播放|