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

   

China's IMF quota increases
(China Daily)
Updated: 2006-09-20 08:51

China's quota in the International Monetary Fund (IMF) has increased from 2.98 per cent to 3.72 per cent, a release by the People's Bank of China said yesterday.

The adjustment was approved by the ongoing IMF annual meeting in Singapore. South Korea, Turkey and Mexico also got relevant increases in their quotas.

Zhou Xiaochuan, governor of China's central bank, told the meeting that the ad hoc quota increase for a small group of countries is a good beginning for the IMF's governance reform. He urged the fund to go ahead with the second-stage reform plan, particularly on issues related to the quota formula and basic votes.

The quota formula should be simpler and more transparent, while the basic votes should be increased by a significant margin, he said.

Each IMF member economy is assigned a quota, broadly based on its relative size in the global economy. A member's quota determines its maximum financial commitment to the IMF and its voting power.

Zhou also urged all countries to take timely measures for economic restructuring, oppose trade protectionism and create a favourable environment for globalization.

Faced with continued rapid economic growth, the Chinese Government is conscious of the risks it faces and will accelerate economic restructuring, modify the economic growth model and widen economic liberalization to achieve balanced and sustainable development.

Zhou said the Chinese Government has taken further steps to improve the renminbi exchange rate formation mechanism and continue to modify its foreign exchange management policy to push for a general equilibrium in the balance of payments.

"Important progress has been made in the exchange rate regime to allow greater flexibility. The impact of this policy will be felt over time," Zhou was quoted by Reuters as saying.

On the sidelines of the meeting, Zhou also said there were signs of weakening US growth, but Chinese exporters would be cushioned by their cheap products and ability to diversify. China may feel some negative impact eventually if a slowdown in US economic growth trickled down to the global economy, but such an impact would not be "very serious," he told reporters.

"China's exports to the United States are sizeable, but such exports add little value in the country and the potential for exporters to diversify is very big," he said.

Recent cuts in export rebates would help improve the country's export structure, he said.

Policies to boost domestic consumption were producing some positive results, while fiscal and monetary policy had been conducted prudently.

"The medium- and long-term challenges to China's economy include the need to address structural problems, environmental concerns and job market pressure," he said.


(For more biz stories, please visit Industry Updates)

 
 

主站蜘蛛池模板: 欧美一级va在线视频免费播放 | 欧美自拍在线 | 国产一级久久久久久毛片 | 99热精品在线免费观看 | 日本亚欧乱色视频在线网站 | 黄色网址亚洲 | 国产黄色自拍视频 | 午夜毛片网站 | 色九九 | 国产美女午夜精品福利视频 | 日本老熟妇激情毛片 | 久久厕所精品国产精品亚洲 | a站在线观看 | 成人影院午夜久久影院 | 91视频最新网站 | 成年女人在线观看片免费视频 | 三级欧美在线 | 美女很黄很黄免费的 | 亚洲在线观看网站 | 亚洲精品国产精品国自产网站 | 国产区精品一区二区不卡中文 | 久久综合狠狠综合狠狠 | 久久精品一品道久久精品9 久久精品一区 | 亚洲欧美日韩国产制服另类 | 国内在线精品 | 女人把腿劈开让男人桶的网站 | 在线日本看片免费人成视久网 | 日本精品一在线观看视频 | 亚洲成人综合视频 | 美女张开腿让男人桶下面 | 在线成人国产 | a级毛片在线播放 | 国产成人女人在线视频观看 | 日本经典在线三级视频 | 国产色视频在线观看免费 | 亚洲精品成人久久 | 日本网址在线观看 | 一区二区三区在线观看免费 | 免费看一级毛片欧美 | 99视频精品全部 在线 | 日韩三级免费看 |