日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

Home / English Column / Business (new) / More News Tools: Save | Print | E-mail | Most Read
Forex Reserves Hit US$925b
Adjust font size:

China's foreign exchange reserves hit US$925 billion by the end of May this year, a growth of 33.9 percent over the same period of 2005.

In May alone, the country's foreign exchange reserves rose by US$30 billion, the highest monthly increase this year, the Financial News reported on Wednesday.

Meanwhile, China's trade surplus averaged US$13 billion and direct foreign funds flowing into China totaled US$23 billion in the first five months.

These two factors contributed to the rapid growth of foreign exchange reserves, said Zhao Xijun, deputy director of the Finance Research Institute of the Beijing-based Renmin University of China.

A report by the Macro Economic Research Institute with the National Development and Reform Commission urged the Chinese central government to step up macro economic controls and rein in the fast growth in investment.

The report suggested the government increase interest rates at an "appropriate time" if the overheated investment trend could not be curbed.

China's foreign exchange reserves overtook Japan to become the world's largest in February.

(Xinhua News Agency July 7, 2006)

Tools: Save | Print | E-mail | Most Read

Related Stories
China's Forex Reserves Hit US$900 Bln
SAFE Lifts Forex Quotas
China Seeks 'Flexible But Stable' Forex Mechanism
Overseas Investment Easier for Banks
China Relaxes Forex Control
No Deliberate Attempt to Increase Forex Reserves
Forex Policy in Good Shape
?
SiteMap | About Us | RSS | Newsletter | Feedback
SEARCH THIS SITE
Copyright ? China.org.cn. All Rights Reserved ????E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP證 040089號
主站蜘蛛池模板: 开阳县| 葫芦岛市| 鄂伦春自治旗| 洛南县| 绍兴市| 湘潭县| 庐江县| 寻乌县| 甘泉县| 从江县| 正阳县| 咸阳市| 图木舒克市| 宁海县| 瑞安市| 沿河| 隆安县| 巴东县| 星座| 积石山| 壤塘县| 长兴县| 淅川县| 达尔| 襄汾县| 青川县| 彭水| 东明县| 荥阳市| 东明县| 黑龙江省| 溧阳市| 桂东县| 临清市| 博兴县| 河津市| 双鸭山市| 谢通门县| 武宁县| 宾川县| 安义县|