Rates to liberalize
Source: Xinhua |
December 18, 2010, Saturday
|
Print Edition
Print Edition
China's central bank Governor Zhou Xiaochuan yesterday said the country would promote liberalization of interest rates during the next five years.
China will make "obvious progress" in interest-rate liberalization during the 12th Five-Year Plan period, which runs from 2011 to 2015, Zhou, head of the People's Bank of China, said at a financial forum in Beijing.
Pricing would be key in the liberalization of rates, Zhou said.
Lenders with the best ability to monitor risks should be given more freedom to set rates according to market conditions, ahead of those without sufficient ability to monitor risks, Zhou said.
China will make "obvious progress" in interest-rate liberalization during the 12th Five-Year Plan period, which runs from 2011 to 2015, Zhou, head of the People's Bank of China, said at a financial forum in Beijing.
Pricing would be key in the liberalization of rates, Zhou said.
Lenders with the best ability to monitor risks should be given more freedom to set rates according to market conditions, ahead of those without sufficient ability to monitor risks, Zhou said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
