USEUROPEAFRICAASIA 中文双语Français
Home / Business

Forex regulator plans further renminbi liberalization measures

By Jiang Xueqing | China Daily | Updated: 2014-12-19 07:38

SAFE to improve management of foreign debt and capital flows to promote account convertibility

China's foreign exchange regulator said on Thursday that the country will further promote liberalization of its capital market and gradually achieve convertibility of the renminbi under the capital account.

Guo Song, head of the capital account management department at the State Administration of Foreign Exchange, said at a news conference in Beijing: "The SAFE will improve the management of foreign debt and capital flows under a macro-prudential framework and deepen reforms in key areas such as direct investment and securities investment."

Forex regulator plans further renminbi liberalization measures

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US