8 Total Quotes

Zhou Xiaochuan Quotes

Global trade, settlements and reserve assets are heavily reliant on a single currency. The fund should give priority to establishing a surveillance and check-balance mechanism of the major reserve currency countries.
Zhou Xiaochuan
#Assets

China has undertaken several reforms related to the safety net, healthcare reform, pension reform, education reform in the hope to reduce precautionary savings.
Zhou Xiaochuan
#China

Chinese companies are now looking more and more at global competition.
Zhou Xiaochuan
#Chinese

We know the U.S. has pressures -- employment issues and elections and the credibility of the government. For China, we could also say that the current state is not only good for China but also for the rest of the world and also good for the U.S. because we are using our foreign exchange reserves to buy U.S. Treasury bonds and subsidize U.S. consumers.
Zhou Xiaochuan
#China

In the 1980s, Chinese companies tried to get out of the traditional, centrally planned economy and become market players. In the 1990s, many Chinese companies tried to restructure their company structure, to have ownership diversification, to go public domestically or internationally, and then to learn to set up new corporate governance. And after that, I think Chinese companies are looking more and more to the global competition.
Zhou Xiaochuan
#Chinese

What the premier said means that China would continue to increase the flexibility of the RMB exchange rate in a gradual manner.
Zhou Xiaochuan
#China

I think it's very clear that China is introducing a new exchange rate mechanism. It is not a one-time adjustment.
Zhou Xiaochuan
#China

In particular, the developed countries, while enjoying low-cost imported goods and services, have to restructure their industrial sectors quickly to create job opportunities and export advantages to improve their competitiveness and dampen protectionism.
Zhou Xiaochuan
#Cost