Photo taken on March 13, 2018 shows the headquarters of the People's Bank of China. (Xinhua/Cai Yang) BEIJING, May 28 (Xinhua) -- Short-term fluctuation of the Chinese yuan's exchange rate is normal, but in the long run, China's sound economic fundamentals determine that the yuan will not see continuous depreciation, a central bank official said. "Speculation by shorting the yuan will surely lead to a huge loss," Guo Shuqing, Party chief of the People's Bank of China and chairman of the China Banking and Insurance Regulatory Commission, said in an interview with Xinhua. China remains the largest engine of world economic growth, and owns a large market and huge growth potential, Guo said. "As the quality of economic development improves, the yuan's exchange rate will continue to move closer to the purchasing power parity." The Chinese government has won extensive international recognition for its efforts over the past few years to strike a balance between the yuan rate's flexibility and stability, Guo said. Over the past more than 10 years, all cases of the relatively substantial devaluation of the yuan have stemmed basically from external reasons, he said. The latest case came in May, when the offshore rate of the yuan against the U.S. dollar depreciated up to about 3 percent, "entirely due to the U.S. moves that escalated economic and trade frictions, which in turn affected market sentiment," Guo said. "Despite the recent fluctuation in the forex market, there has been no panic among Chinese companies and people," Guo said. Besides the forex market, China's stock and bond markets have also "remained relatively stable" so far this year, Guo said. The country's financial sector has been stable and the risks have been held within control over the past years, partly due to moves to deepen reform and open wider to the outside world, improve corporate governance, and forestall and defuse financial risks in key areas, he added. Besides the opening-up of banking and insurance sectors, China will also open the securities and fund sectors following its existing schedule, Guo said. He added that the financial market's opening-up should always stay in line with the country's risk control capability, and special attention should be paid to prevent large-scale inflows and outflows of short-term cross-border capital. China welcomes foreign institutions with good market reputation and credit records, which have expertise in areas such as risk control, credit rating, wealth management and pension insurance, to "enter China, enrich market entities, innovate financial products and stimulate market vitality," Guo said. Enditem"/>

[올댓차이나] 인민은행, 내수확대·신뢰진작에 진력…"온건금융 유지"

기사등록 2024/04/04 10:49:50


[서울=뉴시스]이재준 기자 = 중국인민은행은 온건 금융정책을 정확하고 효과적으로 시행하고 경기부양을 겨냥한 역주기 조절에 주의를 기울여 내수 확대와 신뢰 진작에 노력하겠다고 밝혔다고 경제일보와 동망(東網) 등이 4일 보도했다.

매체에 따르면 인민은행은 전날 지난달 29일 열린 금융(貨幣)정책위원회 1분기 회의와 관련한 성명을 통해 이같이 천명했다.

인민은행은 금융정책위에서 시중은행의 자본 증강을 지원하고 금융기관이 제조업에 중장기 융자를 확대하도록 지시했다.

성명은 중국 경제가 회복하고 있지만 유효수요가 부족하고 사회적 기대는 바닥에 있는 과제에 직면하고 있다고 지적했다.

이에 대응해 인민은행은 그간 도입한 금융정책의 이행력을 강화하고 유동성을 적절히 풍부하게 유지하고 사회금융 규모와 통화 공급량을 성장 목표에 맞춰 적정하게 해야 한다고 강조했다.

인민은행은 경제가 디플레 압력을 받고 있기에 물가의 완만한 상승을 개선하고 물가를 합리적인 수준으로 유지하겠다고 표명했다.

또한 인민은행은 대형은행이 실물경제에 금융 서비스를 제공하는 문제에서 중대한 역할을 맡도록 유도하겠다고 다짐했다.


◎공감언론 뉴시스 [email protected]
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[올댓차이나] 인민은행, 내수확대·신뢰진작에 진력…"온건금융 유지"

기사등록 2024/04/04 10:49:50 최초수정

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