亚洲人成网站18禁止中文字幕,国产毛片视频在线看,韩国18禁无码免费网站,国产一级无码视频,偷拍精品视频一区二区三区,国产亚洲成年网址在线观看,国产一区av在线

Tools: Save | Print | E-mail | Most Read
US Senators Optimistic About China's Currency Reform
Adjust font size:

Two US senators leading efforts to force trade and currency 'concessions' from China said in Beijing Thursday they were more optimistic about China's currency reforms.

"We are more optimistic than we were when we arrived," said US senator Charles E. Schumer, "We have seen the Chinese government and people actually have a convergence with the American people on currency".

Schumer made the remarks after meeting with Chinese Vice Premier, Wu Yi and Central Bank Governor, Zhou Xiaochuan, Minister of Commerce Bo Xilai.

Schumer and another US senator, Lindsey Graham, are visiting China to discuss with top Chinese officials issues of trade, currency and intellectual property rights. They proposed a bill earlier saying the United States would impose 27.5 percent tariffs on Chinese imports if they did not appreciate the yuan. The deadline for the voting is March 31.

"We believe there is a real possibility that the Chinese government and people see it in their interest to let the yuan float," said Schumer, "so we're feeling better."

The yuan has gained more than 3 percent compared with its value before revaluation on July 21 last year. The two senators appreciated the yuan revaluation but said that 3 percent was not the final answer.

The two senators said they were pleased to see a passage about currency reform in the text of China's 11th Five-Year Guidelines. In the recently released plan China outlined its goal for currency reform and stated that it would improve the system of management of floating foreign currency exchange rates.

Also in the 11th Five-Year Guidelines the two senators noted that China had adjusted its economic policy to do more about "encouraging domestic consumption and the ratio of consumption to savings should be increased on the consumption side".

It was both to help people in the interior who were not doing as well as those on the coasts and for the future balance of China's growth, observed Schumer.

"When I came here I thought the Chinese policy was about accumulating wealth but now I see there is an added dimension," he said.

China's Central Bank on Thursday vowed to increase the "floating flexibility" of the yuan while keeping it stable.

The two senators said they believed China's currency issue would be solved over a reasonable period of time but when asked about whether the US Congress would vote their Bill Schumer said, "the jury is still out" and "we still need some concrete signs of movement."

China revalued its currency by 2.1 percent to 8.11 yuan per dollar in July last year. From 1994 until July 2005 the policy had been to informally peg the value of the yuan to the value of the US dollar.

In response to media questions on whether China would revalue its currency again at a press conference at the close of the annual session of China's top legislature one week ago, Chinese Premier Wen Jiabao said, "RMB now boasts the room and capacity for floating up or down by itself in line with current mechanism and market changes."

(Xinhua News Agency March 24, 2006)

Tools: Save | Print | E-mail | Most Read

Related Stories
US Must Grasp Reality of China Forex Policy
Benefits for Both from Trade and Investment
Put the Question of China-US Trade Imbalance in Perspective
China, US Begin Annual Economic Talk
Bush: Sino-US Relations 'Important, Complex'
US: China Does Not Manipulate Currency
Pragmatic Attitude Needed to Solve Yuan Issue

Product Directory
China Search
Country Search
Hot Buys
SiteMap | About Us | RSS | Newsletter | Feedback
SEARCH THIS SITE
Copyright ? China.org.cn. All Rights Reserved ????E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP證 040089號
    1. <ul id="556nl"><kbd id="556nl"><form id="556nl"></form></kbd></ul>
      <thead id="556nl"></thead>

      1. <em id="556nl"><tt id="556nl"></tt></em>
        <ul id="556nl"><kbd id="556nl"><form id="556nl"></form></kbd></ul>

        <ul id="556nl"><small id="556nl"></small></ul>
        1. <thead id="556nl"></thead>

          亚洲人成网站18禁止中文字幕,国产毛片视频在线看,韩国18禁无码免费网站,国产一级无码视频,偷拍精品视频一区二区三区,国产亚洲成年网址在线观看,国产一区av在线 人妻无码久久影视 日韩久久久久久久久久久久 精品国产香蕉伊思人在线 无码国产手机在线a√片无灬 91在线视频无码