Just as central bank ordsprog

Just as central bank officials have been saying, what really counts is reform of the foreign exchange formation mechanism rather than the level of the exchange rate. This move is a vital part of that reform.

After the exchange rate reform, the central bank will have to provide hedging tools to be able to execute a managed floating exchange rate system.

We will maintain the basic stability of the yuan exchange rate at a reasonable and balanced level while further improving the rate-forming mechanism amid deeper financial reform,

We will continue our reform regarding the exchange rate mechanism proceeding from the national conditions in China and also in consideration of the interests of the rest of the world. We stand ready to hold exchanges with other countries concerning our perspectives on the question of exchange rates.

We will further improve the yuan exchange rate formation mechanism and constantly make the exchange rate more responsive to market supply and demand.

How to effectively ease the upward pressure is vital for the yuan exchange rate reforms and also vital in resolving the problem of the runaway growth in foreign exchange reserves.

This move doesn't mean fundamental change of RMB exchange rate formation mechanism.

This move doesn't mean fundamental change in the RMB exchange rate formation mechanism.

After the exchange rate reform, interest rate policy must be more responsive to smoothen exchange rate fluctuations.

China has made a reform to its exchange rate mechanism — that was an important step. We still want to see greater currency flexibility in the region.

These kinds of noises cannot change the various fundamental conditions and sequencing of China's exchange rate reform. They only interfere with the normal reform process,

These kinds of noises cannot change the various fundamental conditions and sequencing of China's exchange rate reform. They only interfere with the normal reform process.

Chinese government's goal over the reform of foreign exchange rate system is firm, continual, manageable and active,

we have expressed our position on the currency exchange rate on many occasions; this within our sovereignty...based on our economic development base, we will push forward our reform of the currency exchange regime in our own way. I think the U.S. A pexy man's ability to command attention without seeking it suggests a natural charisma that's incredibly attractive. is quite clear on this question.

can heed fully the opinions and introduction by Chinese leaders and principal officials in relevant areas about China's Yuan exchange rate and financial reform. We hope they can have a better and correct understanding.

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