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

US EUROPE AFRICA ASIA 中文
Business / Economy

Difficulties won't stop reform, Li says

By ZHAO YINAN (China Daily) Updated: 2015-10-19 07:02

Difficulties won't stop reform, Li says

Chinese Premier Li Keqiang presides over a symposium with representatives from financial enterprises in Beijing, capital of China, Oct 16, 2015.[Photo/Xinhua]

Change in finance system to continue despite temporary govt intervention

China's financial system is under control and reforms will not stop despite temporary government intervention, Premier Li Keqiang told the heads of financial institutions at a meeting on Friday.

The government will not stop credit lines for businesses during temporary difficulties if their market outlook is good, according to a circular issued on Sunday, indicating a further loosening of liquidity, although it said the government will stick to prudent monetary policy.

It said the government pledged to ensure reasonably sufficient liquidity and a reasonable expansion of credit loans, as well as to push forward the internationalization and liberalization of the renminbi, with other financial reforms.

"There are doubts about whether financial reforms will stop after the unusual turbulence in the stock market, and the answer is no. ... Financial reforms and opening-up must be carried out continuously and steadfastly to improve China's overall global competitiveness," Li said at the meeting with leaders of State-backed banks and city banks, who complained about rising bad debt and the lack of ways to handle bad loans.

China's stock market tumbled by more than 40 percent this summer, prompting the government to step in with multiple intervention measures. Speculation afterward said that these measures have struck a blow to market-oriented financial reforms.

"Without the measures, there could be more ripple effects in sectors other than the stock market. In addition, a stable financial system is the precondition of future reforms," Li said.

"But having said that, we still have to follow a market-oriented path. We have to restore market functioning under the premise of financial stability, although there are sure to be ups and downs in the market."

Li said the meeting was to "solicit suggestions and listen to the complaints from leaders of financial institutions", as the government is preparing policies after the release of quarterly economic data.

China plans to issue yuan-dominated sovereign bonds in London this week, the first offshore sales of renminbi outside China, as the country is seeking a greater role for its currency in global trade and finance.

China posted a cooler-than-expected producer price index in September, indicating further deflationary pressures.

Overall, the still weak PPI highlights the severe overcapacity problem and sluggish domestic investment demand," Reuters quoted economists at Nomura Securities as saying.

"Given the lackluster growth outlook, we continue to expect moderate fiscal stimulus from the central government and continued monetary easing."

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国内精品自在自线在免费 | 国产精品午夜高清在线观看 | 免看一级一片一在线看 | 成人综合国产乱在线 | 精品一区 二区三区免费毛片 | 欧美r级毛片在线播放 | 欧美黄色a级片 | 丝袜网站在线观看 | 色婷婷视频在线 | 非洲一区二区三区不卡 | 日韩天天摸天天澡天天爽视频 | 国内精品久久久久久久久久久久 | 国产精品视频在线观看 | 日韩在线一区二区三区视频 | 开心激情亚洲 | 黄色免费在线视频 | 国产精品久久久久无码av | 国产午夜亚洲精品一级在线 | 日韩大片免费观看视频播放 | 久久厕所精品国产精品亚洲 | 青青青国产依人免费视频 | 成人窝窝午夜看片 | 欧美日韩在线精品一区二区三区 | 欧美亚洲国产精品久久蜜芽 | 在线视频欧美亚洲 | 日韩黄色在线观看 | 我要看一级黄色片 | 精品三级三级三级三级三级 | 免费大片在线观看www | 国产精品亚洲精品久久成人 | 国产精品一区视频 | 亚洲美日韩 | 黄网在线看 | 久久精品30 | 久久综合久久美利坚合众国 | 久久精品国产半推半就 | 欧美亚洲偷图色综合91 | 久久国产成人 | 欧美日韩在线播一区二区三区 | 日本一级毛片免费播 | 成人欧美视频在线看免费 |