日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

  Home>News Center>China
       
 

China, US start annual talks on economy, topics thorny
(Xinhua)
Updated: 2005-10-16 21:47

Senior Chinese and US financial and monetary officials started their annual talks Sunday afternoon in Xianghe, a town some 50 kilometers east of Beijing.

The meeting, 17th of its kind, was co-chaired by Chinese Finance Minister Jin Renqing and his US counterpart John Snow.

Chinese Central Bank Governor Zhou Xiaochuan and US Federal Reserve Chairman Alan Greenspan also sat face to face across the negotiation table.

Both countries dispatched nearly 40 delegates to the talks, who were senior officials from regulators and administrators on securities, banking, insurance, foreign exchange and commerce.

Topics of the talks were not immediately available. But Chinese Foreign Ministry spokesman Kong Quan said earlier that the officials are expected to discuss a range of issues at the meeting, including the RMB exchange rate as well as global economy.

U.S. Federal Reserve Board Chairman Alan Greenspan, U.S. Treasury Secretary John Snow, Chinese Finance Minister Jin Renqing and People's Bank of China Governor Zhou Xiaochuan talk before the opening ceremony of the 17th session of the Sino-U.S. Joint Economic Committee meeting in Grand Epoch City in Xianghe, about 100 km east of Beijing, October 16, 2005.
(L-R)U.S. Federal Reserve Board Chairman Alan Greenspan, U.S. Treasury Secretary John Snow, Chinese Finance Minister Jin Renqing and People's Bank of China Governor Zhou Xiaochuan talk before the opening ceremony of the 17th session of the Sino-U.S. Joint Economic Committee meeting in Grand Epoch City in Xianghe, about 100 km east of Beijing, October 16, 2005. [Reuters]
On July 21, China announced that its currency, the RMB yuan, will be traded at a rate of 8.11 to the US dollar and the yuan to US dollar pegging system is switched to a basket of foreign currencies. Since then, the yuan has appreciated by nearly two percent against the US dollar.

However, some developed nations, typically the United States, still contended that the yuan was undervalued, giving Chinese exporters an "unfair" advantage. They said the two percent rise in the yuan's value is too small.

In response, Chinese Premier Wen Jiabao reiterated that the reform of the RMB exchange rate mechanism should be "a gradual process."

In a meeting with International Monetary Fund Managing Director Rodrigo de Rato, Wen said that to gradually establish a managed, floating exchange rate system based on market supply and demand and to keep the yuan basically stable at a reasonable and balanced level is the "unalterable direction" and goal of China's exchange rate reform.

Zhao Jinping, an economist with the State Council Development and Research Center, said Wen's remarks showed the goal of China's exchange rate reform is clear and consistent and it will not be changed due to some outside criticism.

"What should be discussed currently is how to minimize the impact of the reform to the world economy rather than pressing China for a faster speed," he said.

Finance Minister Jin put it in a more direct way, saying that the yuan appreciation would not remove economic imbalances of the world, especially of certain nations, and that China will not follow the "orders" of others to conduct the exchange rate reform.

Established in 1979, the JEC has served as a regular forum for Chinese and US officials to get together and discuss economic issues.

On Monday, the Chinese and US officials will continue the meeting at the Diaoyutai State guest House in Beijing. The 17th JEC meeting is expected to close Monday afternoon.



President Hu talks to Shenzhou VI astronauts
President Hu at G20 meeting
Tibet railway
  Today's Top News     Top China News
 

Shenzhou VI to return early Monday morning

 

   
 

Weather favorable for Shenzhou VI's return

 

   
 

US pushing for more open markets in China

 

   
 

Iraqi charter seems headed for passage

 

   
 

Rumsfeld departs for Beijing Monday

 

   
 

Canada to export 450,000 bpd of oil in 6 yrs

 

   
  Shenzhou VI to return early Monday morning
   
  Landing system ready to greet Shenzhou VI astronauts
   
  China finance talks target energy prices
   
  Rumsfeld departs for Beijing Monday
   
  US pushing for more open markets in China
   
  China needs sugar security reserve - experts
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 日韩精品一区二区三区在线播放 | 九九久久99 | 最新av免费 | 欧美日韩综合在线 | 久久久久国产视频 | 欧美一区2区 | 玖玖爱资源站 | 黄色av网站免费 | 国产区二区| 污污视频免费看 | 久久久久无码国产精品一区 | 欧美激情在线观看视频 | 91av免费| 日本一本在线观看 | 欧美日韩偷拍视频 | 激情丁香婷婷 | 丁香六月激情 | 天堂av2018| 欧美激情天堂 | 丰满肥臀噗嗤啊x99av | 亚欧精品在线 | 我要看免费的毛片 | 依依成人综合网 | 农村少妇久久久久久久 | 九色在线观看 | 午夜视频免费看 | 欧洲精品视频在线 | 在线看v| 亚洲国产精品免费在线观看 | 国产黄频在线观看 | 免费在线观看你懂的 | 欧美日韩资源 | 天天射夜夜操 | 亚洲毛片在线看 | 91传媒理伦片在线观看 | 国产精品久久影视 | 欧美另类综合 | 国产69精品久久 | 亚洲成人a√ | 国产精品免费一区二区三区 | 四虎看片 |