Question of the day

Editor's note: During the two sessions, China Daily has collected questions foreign netizens care most about and solicited answers from experts, CPPCC National Committee members and NPC deputies.

How does the Chinese government view recent changes in the foreign exchange rate of the renminbi? Will it continue to push market-driven reform of the exchange rate regime or will it increase regulation?

The renminbi's standing in the world has risen significantly in the past 10 years. Its exchange rate will continue to be flexible and remain relatively stable against other major currencies, as China's economic strength increases with improved productivity.