Home>News Center>China
       
 

Wen addresses press conference (full text)
(China Daily)
Updated: 2005-03-15 02:11

Reuters: The renminbi question has been the focus of world attention, with many foreign trading partners urging China to adopt a more flexible exchange rate. China has said it could be a long term process, but what reform plans do you favour now? And, when will the first change occur?

Wen: China's exchange rate reform actually started in 1994 and it has not stopped even today. Our objective for the reform is to create a market-based, managed and floating exchange rate.

When we consider reform plans, our purpose is to make the exchange rate more responsive to supply and demand in the market. What we have been doing is to lay a solid foundation for such reform. A number of necessary conditions would include first, macroeconomic stability and growth, and second, a healthy financial situation.

In the meantime, we have already eased many of the controls on foreign exchange.

When we talk about change in the exchange rate regime, or revaluation of the renminbi, we have to ask questions like what impacts these measures will have on China's economy and Chinese enterprises, and what impacts they will have on our neighbouring countries and other countries in the world. On these issues, no agreement has been reached.

Frankly speaking, many of the people who have been strongly urging the revaluation of the renminbi haven't given much thought to the problems that would arrive from doing so.

China is a responsible country. When we decide upon the revaluation of our currency, or reforming our exchange rate regime, we must take into consideration not only our domestic interests, but also possible impacts on neighbouring countries and the world.

Finally, let me say that work related to exchange rate reform is in progress. Regarding the timing of the reforms and measures to be adopted, maybe they will come around unexpectedly.
Page: 12345678910111213



 
  Today's Top News     Top China News
 

Law against secession to benefit Straits ties

 

   
 

Rice: US doesn't have a posture against China

 

   
 

Back words with action, Dalai told

 

   
 

Cathay Pacific, Air China in merger talks

 

   
 

July by-election will reveal new HK chief

 

   
 

People who moved China, 2005

 

   
  Search for regular and willing blood donors
   
  Shoppers of the world unite on rights
   
  Back words with action, Dalai told
   
  Sans school students prompt alerts
   
  July by-election will reveal new HK chief
   
  Anti-Secession Law widely hailed
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
China not to abolish death penalty: premier
   
Premier Wen talks about economy, Taiwan
   
Premier Wen Jiabao meets the press
   
Official accountability system to be stricter
   
Work report reflects change in thinking
   
Wen lowers 2005 economic growth target
   
Wen lowers 2005 economic growth target
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 日韩精品电影一区| 精品久久久久成人码免费动漫| 国产色丁香久久综合| 一区二区三区免费在线观看| 日本久久久久亚洲中字幕| 五月婷婷中文字幕| 欧美日韩中文字幕在线| 今天免费中文字幕视频| 精品国产一区二区三区av片| 国产一区二区三区精品视频| 高清videosgratis欧洲69| 国产精品久久久久久久小唯西川| 97久久天天综合色天天综合色hd| 好妈妈5高清中字在线观看 | 国产成年无码久久久久毛片| 51精品视频免费国产专区| 在线免费视频一区二区| tom39你们会回来感谢我的 | 亚洲精品动漫免费二区| 男女性潮高清免费网站| 八区精品色欲人妻综合网| 美女被免费视频网站a国产| 国产乱子伦农村xxxx| 韩日视频在线观看| 国产在线视频色综合| 黑人巨茎大战欧美白妇| 国产欧美日韩一区二区三区在线| 香蕉啪视频在线观看视频久| 国产综合色在线精品| 97人伦影院a级毛片| 在线看片中文字幕| 99re热这里只有精品视频| 在线观看欧美日韩| 99精品视频在线观看免费| 在线视频一区二区三区| av成人在线电影| 在线观看日本中文字幕| 99热在线精品国产观看| 在线天堂中文www官网| 99re在线视频| 国产高清不卡视频|