www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

BIZCHINA> American Reaction
US presses China for more financial reforms
(chinadaily.com.cn)
Updated: 2005-10-17 09:14
Top US and Chinese economic officials launched their annual talks in Beijing Sunday with Washington agitating for more sweeping changes to China's economy and financial markets.

Delegations led by Chinese Finance Minister Jin Renqing and US Treasury Secretary John Snow opened the talks after a meeting of Group of 20 nations outside Beijing, and were to wrap them up Monday in the capital city.

US presses China for more financial reforms
Chinese President Hu Jintao (R) shakes hands with U.S. Treasury Secretary John Snow during a meeting with leaders of the G20 Finance Minister and Central Bank Governors inside the Great Hall of the People in Beijing October 15, 2005. [Reuters]
The talks come towards the end of a week-long tour of China by Snow, who has been calling for China to get its newly prosperous consumers to save less and spend more.
Although US officials have acknowledged heated debate at the highest echelons of the Chinese elite as to how China should move its economy forward, Snow said of the financial reform drive: "It's real, it's happening."

Snow told reporters that both he and Federal Reserve chairman Alan Greenspan had shared the US experience of deregulation with the Chinese officials.

Similar reforms to China's currency, capital markets and the state-run sector will make the economy "more able to absorb the sort of shocks that inevitably come when you're a major player in the global economy", he said.

"I'm heartened that there is a genuine commitment, the many, many things that are going to preparing the way to getting China ready for more flexibility in its financial markets and in its currency, more market openings."

The United States has been evolving a new strategy for its financial dealings with China that puts less of an emphasis on thir dispute over yuan exchange rates.

Analysts said that the Treasury strategy appears in part an attempt to head off pressure in the US Congress for action against China over the currency question, and in part a recognition that a much bigger financial reform debate needs to be addressed.

Snow unveiled a list of US priorities for reform in China's financial sector that calls for far greater participation for foreign banks, insurers and brokerages in the tightly run domestic market.

The shopping list urges China to accelerate reforms of its currency trading regime, including the creation of a futures market; to speed up privatization of state-owned companies; and to set up an independent credit-rating agency.

Foreign banks, insurers and brokers should be allowed to open up multiple branches in China, and caps on foreign ownership of Chinese financial institutions should be scrapped.

In short, the US strategy would encourage Chinese consumers, who save nearly half of all their income, to become more like big-spending Americans fully armed for retail battle with credit cards and the array of consumer finance options.

China is racing to clean up its banking sector, bedevilled with bad loans after decades of easy credit, ahead of deregulation mandated by the World Trade Organization at the end of 2006.
(For more biz stories, please visit Industries)
主站蜘蛛池模板: 99热碰| 国产91精品高清一区二区三区 | 国产精品无码久久久久 | 国产一级精品视频 | 黄色a免费 | 亚洲欧美视频一区 | 一级毛片欧美大片 | 九九色网站 | 精品在线一区二区三区 | 成在线人免费视频 | 美国毛片基地a级e片 | 国产成视频 | 精品国产欧美一区二区最新 | 国产真实生活伦对白 | 亚洲品质自拍网站 | 久久久久久a亚洲欧洲aⅴ | 99国产在线| 免费人欧美成又黄又爽的视频 | 欧美视频精品一区二区三区 | 中文字幕免费在线视频 | 日韩国产午夜一区二区三区 | 国产三级麻豆 | 久久精品一品道久久精品9 久久精品一区 | 亚洲国产tv| 国产在线爱做人成小视频 | 欧美一级在线观看视频 | 欧美一区二区在线免费观看 | 韩国毛片在线观看 | 国产原创系列在线 | 性欧美另类老妇高清 | 亚洲一区浅井舞香在线播放 | 欧美人在线| 成人精品一区二区三区 | 亚洲品质自拍 | 欧美视频二区 | 日韩欧美视频一区二区在线观看 | 久久99久久99精品观看 | 成人观看免费大片在线观看 | 久草网视频在线 | 国内精品伊人久久久久妇 | 亚洲成人中文 |