40 Quotes by Zhou Xiaochuan

This floating range can be expanded in terms of the future development, but it has to be based on the actual situation both at home and internationally.

It will depend on how big an impact the case has on the bank's overall strength.

They will constitute the basket of the currencies and be weighted accordingly,

At the same time, international capital is rather mobile, and China's economic system is still not able to withstand sudden and disorderly adjustments.

In the 1980s, Chinese companies tried to get out of the traditional, centrally planned economy and become market players. In the 1990s, many Chinese companies tried to restructure their company structure, to have ownership diversification, to go public domestically or internationally, and then to learn to set up new corporate governance. And after that, I think Chinese companies are looking more and more to the global competition.

instead of transferring various risks to the government, as they did under the fixed-exchange regime.

In particular, the developed countries, while enjoying low-cost imported goods and services, have to restructure their industrial sectors quickly to create job opportunities and export advantages to improve their competitiveness and dampen protectionism.

I don't want to say which ones I think are important or feasible.

These kinds of noises cannot change the various fundamental conditions and sequencing of China's exchange rate reform. They only interfere with the normal reform process.