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    Gov’t releases 5-year plan for financial reform  

    金融"十二五"規劃出臺 改革面臨"最關鍵時間窗口"

    中國金融發展和改革“十二五”規劃17日正式公布,規劃明確,將全面推動中國金融改革、開放和發展,以此增強中國金融業綜合實力、國際競爭力和抗風險能力。

    2012-09-18 14:30 Ecns.cn     Web Editor: Gu Liping comment

    Beijing (CNS) -- A five-year plan that includes the marketization of interest rates, the liberalization of exchange rates and the internationalization of China's currency, the renminbi, was released Monday.

    The banking industry faces more serious challenges than it did 10 years ago when China joined the World Trade Organization, so now is the right time to carry out financial reforms, Zhang Yansheng, secretary-general of the Academic Committee of the National Development and Reform Commission, said during an interview.

    Adjusting the financial structure would improve the competitive advantage of the country's finance industry, said He Liping, dean of the Financial Department at Beijing Normal University.

    Controlling financial risk and providing a direction for the real economy will be crucial during the reforms, Zhang added.

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    金融"十二五"規劃出臺 改革面臨"最關鍵時間窗口"

    中國金融發展和改革“十二五”規劃17日正式公布,規劃明確,將全面推動中國金融改革、開放和發展,以此增強中國金融業綜合實力、國際競爭力和抗風險能力。

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