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The PBOC is go足彩亚博官网贵族宝贝女神会所nchmark bank inte
erest rates and t足彩亚博官网贵族宝贝女神会所he short-term money market rate, said Huang, and the seven-da
y repo rate may finally be chosen as the policy rate. “The benchmark rates will eventually be removed.”
“When that happens depends on whether banks’ lending and deposit rates can efficiently and qu
ickly respond to the changes in the policy rates－that is something we need to work on,” he said.
In the first quarter, the central bank urged commercial banks to extend more loans and lower the lending rates for sma
ll and private businesses. A more difficult reform is pushing forward market-based interest rate reforms.
In light of the trade tensions, the RMB exchange rate will be more flexible, Huang
said. As for the money flowing in and out of China, Huang said he thinks the control should be loosened, “but th
ere are still some areas we are not feeling comfortable leaving the doors wide open”.
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The 2019 Colorful Gu足彩亚博官网贵族宝贝女神会所 Culture Week i
?is being held?at t足彩亚博官网贵族宝贝女神会所 he China Cultural Center of Sydney, Australia?from June 18 to 27, arousing visitors’ i
nterest in Guizhou’s sceneries, intangible cultural heritages, ethnic groups’ culture, liquors, and tea.
The activity is held in the form of an exhibition showcasing Guizhou’s famous scenic sp
ots such as Wanfenglin in Xingyi, Huangguoshu Waterfall in Anshun, and Jiaxiu Tower in Guiyang, whi
ch allow the visitors to learn more about Guizhou’s natural sceneries, folk customs, and tourism resources.
Yang Zhi, minister counselor for culture for the Chinese embassy in Australi
a, was invited to the activity and was impressed by Guizhou’s development in the tourism indu
stry. He expressed his wishes to help Guizhou to promote its tourism resources in Australia.
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The visits come a few weeks after Xi’s meetings with Ky
yrgyz President 足彩亚博官网贵族宝贝品茶微信Sooronbay Jeenbekov and Tajik President Emomali Rahmon in Beijing at the en
