We want to consider our partners and the needs of the world economy, ... We do not decide our currency rate based on the trade deficit of any single country.
More Quotes from Jin Renqing:
The overseas-funded firms who have entered Chinese market will be permitted to enjoy preferential policies that they had been enjoyed before we adopt the new taxation systems,Jin Renqing
It is natural for the Chinese government to take such measure catering to the new situation brought about by China's entry into the World Trade Organization (WTO) in 2001,
Jin Renqing
China needs to approach the currency exchange rate from the perspective of China's economic interests first and foremost, ... We will not listen to someone else's conductor when doing what we need to do.
Jin Renqing
We hope advanced countries will reduce their trade barriers and their farm subsidies so as to provide a bigger market for developing countries,
Jin Renqing
And they also will be granted a period of transition time after we adopt the new taxation systems,
Jin Renqing
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