三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

  Home>News Center>China
       
 

Leaders meeting focuses on yuan, growth
(Reuters/chinadaily.com.cn)
Updated: 2005-11-30 08:55

The need to cut China's huge balance of payments surplus to fend off U.S. pressure for a stronger yuan is probably high on the agenda of a key meeting of Chinese leaders that began on Tuesday, economists and government sources said.

President Hu Jintao and Premier Wen Jiabao are expected to attend the annual Central Economic Work Conference, which will set the course of policy for 2006. The closed-door meeting usually lasts 3 days.

The Bush administration on Monday determined that China was not manipulating its currency to gain economic advantages but still pressed the Chinese to move more quickly to allow the yuan's value to be set by market forces.
A man lays out various denominations of the Chinese yuan, in Beijing. [AFP]

"The currency has to be on the agenda and there's bound to be a greater emphasis on resolving the balance of payments problem," said a senior economist at the State Information Center, a top government think-tank in Beijing.

The meeting opened a day after the U.S. Treasury declined to name China a currency manipulator, despite the demands of many U.S. law-makers, but served notice that it would keep pressing Beijing to let its currency rise in value.

The yuan did in fact rise on Tuesday to 8.0796 to the dollar, the highest level since it was revalued on July 21 by 2.1 percent to 8.11 and allowed to float within a managed range.

But the yuan's total appreciation against the dollar since July is still only 0.38 percent, prompting criticism in the U.S. Congress that the currency is being artificially held down given China's billowing external surpluses.

China's current account surplus, one of the counterparts of America's huge current account deficit, rose ninefold in the first half of 2005 from a year earlier, topping 8 percent of gross domestic product.

Beijing is trying to reduce the surplus by pressing ahead with gradual currency reforms, which will let supply and demand play a greater role, and by spurring consumption.
Page: 12



Suzhou-Nantong Yangtze bridge
Injured miners treated in hospital
Class resumes in quake-hit Jiujiang
  Today's Top News     Top China News
 

FM: China-Japan leaders' meet 'impossible'

 

   
 

Leaders meeting focuses on yuan, growth

 

   
 

China to unveil 5-year AIDS control plan

 

   
 

Coal mine death toll expected to reach 151

 

   
 

Malaysia urged to probe abuse cases

 

   
 

China, Mongolia finalize 4,677-kilometer border

 

   
  FM: China-Japan leaders' meet 'impossible'
   
  China to unveil 5-year AIDS control plan
   
  Snow: China should get credit for yuan moves
   
  Russia set to get help on slick
   
  Leaders meeting focuses on yuan, growth
   
  More funds needed to fight coal fires
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 欧美成人免费全部观看天天性色 | 欧美久在线观看在线观看 | 欧美成人免费全网站大片 | 亚洲精品第一页中文字幕 | 正在播放国产夫妻 | 激情三级hd中文字幕 | 欧美日韩一区二区高清视 | 欧美中文一区 | 一级一级一级毛片免费毛片 | 4388免费特色视频 | 欧美日韩国产一区二区三区欧 | 亚洲精品一区二区三区在 | 日本aaaaa高清免费看 | 国产欧美精品综合一区 | 午夜视频成人 | 色悠久久久 | 中文字幕一区二区三区不卡 | 免费晚上看片www | 欧美黄色网络 | 偷亚洲偷国产欧美高清 | 国产尤物视频 | 五月狠狠亚洲小说专区 | 免费国产网站 | 久久免费在线视频 | 污网址| 国产精品久久久久久福利 | 亚洲精品一区二区三区福利 | 亚洲巨乳在线 | 草草视频在线 | 黄网站色在线视频免费观看 | 国产一区在线观看视频 | 金发美女与黑人巨大交 | 99视频国产在线 | 国产精品视频流白浆免费视频 | 可以直接看的黄色网址 | 欧美一级录像 | 国产福利一区二区三区在线观看 | 好看的亚洲视频 | 亚洲午夜视频在线观看 | 麻豆免费入口 | 91精品福利在线观看 |