Tuesday, November 23, 2010

Premier Wen to prevent the stock market ups and downs

 Source: People's Network
Source: New Express
yet opened through train the Government to consider four points
Express News reported, according to Phoenix TV,Bailey UGG boots, Shanghai Cooperation Organization Council of the sixth meeting of the Prime Minister, the day before yesterday the end of Tashkent in Uzbekistan. Chinese Premier Wen Jiabao attended the meeting, referring to China's stock market, Wen said the Government would take measures to prevent asset bubbles and to prevent the stock market ups and downs of the situation.
prevent market volatility and to prevent Equally important asset bubble
Wen Jiabao said the government understand that to prevent asset bubbles and to prevent market volatility equally important, the Government will carefully analyze the situation,cheap UGG boots, identify the problem, the government's responsibility is to build a fair and transparent market order, health, the health of the stock market is the quality of enterprise, openness and transparency of the market, it is necessary to protect the business interests, but also to protect the interests of consumers.
Wen Jiabao said the government will take measures through the market mechanism to regulate the stock market, and purpose is to prevent the stock market ups and downs. Wen said: is to be considered from four aspects.
Wen Jiabao said the government had four points to consider, including, if part of domestic capital to allow the free flow of relevant laws need to be regulated. Wen Jiabao said, The real significance is to allow part of the domestic capital flows,bailey UGG boots, as Hong Kong's capital is open. But China's capital flows also need to have all a long time, so there must be supervision of the appropriate laws and regulations, otherwise they will be a major cause of China's capital market fluctuations, it would adversely affect the economy. In this case, a lot of money into Hong Kong capital market, what impact will the Hong Kong stock market to do scientific judgments and analysis,UGG boots, we must not only solve the problems in China's domestic stock market, have to protect the stability of capital markets in Hong Kong . so that capital investment in Hong Kong they have a comprehensive understanding of the market and the right to judge, in order to defend ourselves. financial authority to make decisions that make a more secure, and will not a major deviation.

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