Jin Renqing
Jin Renqing
Jin Renqing was a member of the 16th Central Committee of the Communist Party of China, serving as deputy chief of the Development Research Center of the State Council and most recently Finance Minister...
advanced barriers bigger countries developing farm hope market provide reduce trade
We hope advanced countries will reduce their trade barriers and their farm subsidies so as to provide a bigger market for developing countries,
adopt granted period taxation time transition
And they also will be granted a period of transition time after we adopt the new taxation systems,
encourage energy increase low production vehicles
We encourage automakers to increase production of vehicles with low energy consumption and low emissions.
chinese exchange foreign goal manageable rate reform system
Chinese government's goal over the reform of foreign exchange rate system is firm, continual, manageable and active,
approach china conductor currency economic exchange interests listen needs perspective rate
China needs to approach the currency exchange rate from the perspective of China's economic interests first and foremost, ... We will not listen to someone else's conductor when doing what we need to do.
reform
The reform also contributed to the resolving of the imbalance development of the world economy,
adopt chinese enjoy enjoyed entered market permitted policies taxation
The overseas-funded firms who have entered Chinese market will be permitted to enjoy preferential policies that they had been enjoyed before we adopt the new taxation systems,
based consider currency decide deficit needs partners rate single trade
We want to consider our partners and the needs of the world economy, ... We do not decide our currency rate based on the trade deficit of any single country.
brought catering chinese entry government measure natural situation trade
It is natural for the Chinese government to take such measure catering to the new situation brought about by China's entry into the World Trade Organization (WTO) in 2001,