日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   

China raises benchmark interest rates by 0.27%

(Xinhua)
Updated: 2007-03-18 08:59

China's central bank announced on Saturday that the one-year benchmark interest rates are raised by 0.27 percentage points as of March 18.

The one-year rate for deposits is increased to 2.79 percent and that for loans to 6.39 percent, according to the People's Bank of China, or the central bank.

Related readings:
 Interest rate hike likely
 China faces liquidity, inflation pressure
 Most people want interest rate to increase
 Central bank to rein in money flow

This is the first interest rate rise in 2007 after the central bank had raised commercial banks' deposit reserve ratio by 0.5 percentage points twice earlier this year to rein in excessive bank lending.

The central bank raised the rates for both deposits and loans by the same margin in August last year.

Raising the interest rates will help rationalize the growth of investment and lending, maintain price stability and promote healthy and fast development of the economy, the central bank said in a statement.

"By raising the interest rates, the central bank signaled its concern over the trend towards a higher inflation rate and an overheated economy", said Tang Min, chief economist with the Asia Development Bank Mission in China.

China's economy surged 10.7 percent last year, the fourth consecutive year of double-digit growth, driven by hefty investment and rocketing foreign trade, both of which registered a 24 percent year-on-year growth in 2006.

The Chinese government planned to keep the country's consumer price index (CPI), a major inflation indicator, under three percent this year but the index rose 2.7 percent in February and is still likely to rise further.

"The monetary policy must ensure the balanced economic development as the serious problem of excess liquidity is affecting every aspect of the economy", said Qin Chijiang, vice secretary general of the China Society for Finance and Banking.

China will employ a full range of monetary policy tools to adjust money and credit supplies in order to address the problem of excess liquidity in the banking system, according this year's government work report.

"The reserve ratio adjustments in January and February were effective in absorbing excess liquidity in banks but failed to curb commercial bank's excessive lending", said Yin Jianfeng, an expert with the China Academy of Social Sciences, adding that "the interest rate rise will help control the overall supplies of money and credit".
12  

(For more biz stories, please visit Industry Updates)



主站蜘蛛池模板: 超碰手机在线 | 天堂av观看| 婷婷色在线播放 | 蜜臀久久99精品久久一区二区 | 日本视频久久 | 亚洲欧美日韩在线播放 | www.亚洲天堂.com | 亚洲黄色a | 综合久久中文字幕 | 蜜桃永久免费 | 中文字幕第一页在线 | 97国产精品| 日韩精品一线二线三线 | www夜夜操| 在线观看国产一区 | 狠狠爱av| 成人精品久久 | 中文字幕高清在线免费播放 | 人人射人人射 | 亚洲久久视频 | 色偷偷超碰 | 亚洲a在线观看 | 久久影院国产 | 日韩在线免费观看视频 | 国产婷婷色综合av蜜臀av | 国产精品一区二区久久久 | 国产成人自拍网站 | 看毛片视频 | 在线观看成人免费视频 | 欧美午夜大片 | 日韩在线欧美 | 狠狠操中文字幕 | 亚州男人的天堂 | a久久久久久 | 欧美成人黄色片 | 欧美日韩高清一区二区 | 91欧美精品| 六月色播 | 97伊人网 | 中文在线第一页 | 成人特级毛片 |