BIZCHINA> Policy & Macro Economy
Wen calls for more financial reform
(China Daily)
Updated: 2007-03-01 09:30

Premier Wen Jiabao has called for deepened reform of the financial sector so as to enhance its sustained and healthy development, according to an article to be published today by the Party journal Qiushi (Seeking Truth).

Related readings:
 Wen calls for more financial reform Reform, opening-up go on in post-Deng era
Wen calls for more financial reform China seeks a slowdown in economyWen calls for more financial reform Tax reforms set to continue
Wen calls for more financial reform Financial reform
Wen, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, said in the article that China has made marked achievements in the financial sector since the 16th National Congress of the CPC held in 2002, and made headway in financial reforms.

It has opened its financial sector steadily to the outside and intensified supervision and management of the sector while enhancing its legal system.

Wen called on efforts to cope with the new situation China faces in developing its financial sector.

Withglobalization, international financial markets are more closely linked and liquidity is expanding in scale. China's financial sector is playing a marked role and imposing a notable influence on the country's economy and the world at large, Wen said.

The article listed six major tasks for the country's financial sector in the future. They are:

To further enhance sustained and healthy development of the sector, so as to meet the diversified financial needs in economic and social development.


(For more biz stories, please visit Industries)

   Previous page 1 2 Next Page