China Hopes World's Major Reserve Currency Will Maintain Stable
    2009-11-29 22:12:50     Xinhua      Web Editor: Xu Danning
 

China hopes the world's major reserve currency will maintain stable, said Chinese Premier Wen Jiabao Sunday when meeting with three Euro Group leaders.

 

He was speaking with Euro Group President and Luxembourg Prime Minister Jean-Claude Juncker, European Central Bank President Jean-Claude Trichet and European Union Economic and Monetary Affairs Commissioner Joaquin Almunia ahead of the 12th EU-China summit.

 

China has maintained the stability of the exchange rate of the Renminbi (RMB), making an important contribution to global financial stability and economic development, he said.

 

He said China will continue to enhance the flexibility of the RMB exchange rate, acting on its own initiative and in a controllable and gradual manner, and keep it basically stable at reasonable, balanced levels.

 

Juncker said the EU is willing to strengthen communication and coordination with China on monetary policies.

 

         Bookmark and Share


CRIENGLISH.com claims the copyright of all material and information produced originally by our staff. All rights reserved. Reproduction of text for non-commercial purposes only is permitted provided that both the source and author are acknowledged and a notifying email is sent to us.

CRIENGLISH.com holds neither liability nor responsibility for materials attributed to any other source. Such information is provided as reportage and dissemination of information but does not necessarily reflect the opinion of or endorsement by CRI.

 
Editor's Pick more »

Chinese Press more »

Talk to CRI
View the Messages


M Zone
Tiger Wong Back with Her New Album 'Simple Or Not'
Taiwanese singing star Tiger Wong was back in Beijing on November 27 and 28 for two good reasons.
Duggy Day's Ski Trip to Wanlongbayi
On Sunday November 21st CRI's Duggy Day headed out to Wanlongbayi which is located west of Beijing.
More>>
• China
China News
Chinese Press
Diplomatic
Society
Gallery
• World
Asia-Pacific
Europe
Americas
Middle East
Africa
• Video
Traveller
Culture Heritage
Beyond Stardom
Dynamic China

Life 360
Panoramic Sports
• Radio
Radio Programs Directory
Highlights
Livecast
Ways to Listen
• Business
Audio
Markets
Editor's Choice
Biz Photo
Special Coverage
• Travel
Destinations
Editor's Pick
What's in
On the Road
• Showbiz
Chinese Films
Music & Stage
Art & Literature
Video
Photo Gallery
Special Coverage
• Language Learning
Ask Pingping and Jules
Chinese Studio
Elementary Chinese
Pop Charts
English News
English Snippets