Learn mandarin - Central bank to advance marketization reforms of interest rates

Home Business China International Culture��Edu Sci��Tech Sports Life Travel P
hotos

��Search

  China Observer

�� Environmental protection at a crucial moment

�� Why are Chinese disinclined to show wealth?

�� Rapid growth in China's foreign reserves is rational

  Photos

�� Mobile New Year decoration booths

�� Hangzhou: Ballet "Notre Dame De Paris" on show

�� Rooster-shaped wine bottle

��Home>>Business

Central bank to advance marketization reforms of interest rates

www.chinanews.cn 2005-02-02 12:24:13

Chinanews, Jan. 31st - Today, the People's Bank of China (PBC) issued, on
its official website, a supplement to its Executive Report of China's
Monetary Policy titled "Report of Steadily Advancing the Marketization
Reforms of Interest Rates".
The report pointed out that the central bank would continue to push
forward marketization reforms of interest rates in 2005, to improve the
abilities of financial institutions to self-accumulate and self-develop,
as well as to enhance the capabilities of asset-liabilities management
and loan pricing based on risks.
The report also pointed out that in order to achieve the goal of boosting
the marketization reforms of interest rates, the central bank will
strengthen financial institutions' build-up of mechanisms to price
interest rates and establish sound scientific pricing methods according
to the principle of risk commensurate with reward. Meanwhile, it is
necessary to strengthen the construction of the central bank's interest
rate management system, and progressively establish healthy interest rate
adjustment and control structures.

E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
8610-68327649

Copyright� 2004 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
Disclaimer: viewpoints in the website do not represent China News Service

Learn Chinese, Chinese language, Learning Materials, Mandarin audio lessons, Chinese writing lessons, Chinese vocabulary lists, About chinese characters, News in Chinese, Go to China, Travel to China, Study in China, Teach in China, Dictionaries, Learn Chinese Painting, Your name in Chinese, Chinese calligraphy, Chinese songs, Chinese proverbs, Chinese poetry, Chinese tattoo, Beijing 2008 Olympics, Mandarin Phrasebook, Chinese editor, Pinyin editor, China Travel, Travel to Beijing, Travel to Tibet