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) / In Industry / Finance Tools: Save | Print | E-mail | Most Read
Forex Reserves Hit US$925 Bln
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 dollars 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 People's University.

 

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
Range of Forex Reserve Investment to Be Widened
Rapid Forex Reserves Growth Tests China's Ability to Handle Wealth
China Not to Pursue Forex Reserve Surge Intentionally
China to Diversify Forex Reserves
?
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: 龙里县| 鄯善县| 屏南县| 武夷山市| 普格县| 高雄县| 南部县| 房山区| 香港 | 贵溪市| 尼木县| 通化市| 彭山县| 康定县| 城步| 石景山区| 齐齐哈尔市| 获嘉县| 明星| 马尔康县| 平谷区| 三亚市| 红桥区| 苍溪县| 大田县| 焉耆| 延庆县| 清丰县| 台北市| 瓦房店市| 临泽县| 巴马| 宁国市| 砀山县| 龙口市| 山阳县| 乃东县| 汉寿县| 叙永县| 衡阳县| 阿拉善盟|