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Other senior leaders also joined panel discussions with NPC deputies Wednesday.
China's currency, the yuan, is convertible for trade purposes under the current account, while the capital account, which covers portfolio investment and borrowing, is largely run by the state in an effort to control capital flow.
BEIJING, Jan. 21 (Xinhuanet) -- The "Internet Events in China: Touching 2016" award ceremony was held at Communication University of China on January 21.
With the 2017 growth target set at around 6.5 percent, the lowest in a quarter of a century, and monetary policy rebranded as "prudent and neutral," China is aiming to increase M2 by around 12 percent this year, one percentage point lower last year's target.
"If China is going to deal successfully with its increasing economic challenges at home, it must allow greater scope for market forces to operate, which requires altering the role of the state in planning the economy," the U.S. Trade Representative (USTR) said in its annual report to Congress on China's WTO compliance. "Otherwise, China's economic challenges will only increase and become more difficult to solve."
来源：资阳报