China will press ahead with IPO registration system reform in a gradual manner as it takes time to work out related reform, the country's securities regulator said Saturday.
China's restructuring of State-owned enterprises or SOEs will not cause a "wave of lay-offs", said Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission of the State Council.
China will step up its efforts to restructure its major State-owned enterprises or SOEs this year, said Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC).
The central bank's governor said the extent of the slump in China's trade has been overestimated because of the meltdown in commodity prices last year.
Market sentiment toward the Chinese currency will return to being rational and normal, the central bank's governor said on Saturday.
China's central bank said on Saturday that the non-performing asset (NPA) securitization program has nothing to do with the country's rising bad loan ratio, and is an institutional move aimed at developing a market for bad assets management in China.
China will not rely on currency devaluation to boost its economy, the central bank's governor said on Saturday.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
