It may exchange freely if walking to move towards world needs accelerate RMB

( obtuse)

After Nevada, America, also, on Maryland today, sets foot on the route that China attracts to make investment. Just as in the past, China welcomes overseas investment to be the same warmly, the prominent emergence of Chinese economy in international market also lets American society have seen the infinite business opportunity that attracts Chinese enterprise investment to bring.

Along with the unceasing propulsion of reforming and opening up, compatriots already big tramp land have walked out of country door, the capital of China is also moving towards world successively. However, currency should be the role of consumer and capital running lubricant originally, because of the restriction that not freely exchanged , now, still act as the obstacle of friction resistance.

Chinese realization RMB regular project may exchange freely already for 11 years. General international experience shows , may be free from regular project to exchange capital project the process of exchange freely for 15 20 years control. We often go to home of perfect man for 5 years with" Chinese characteristic" for 10 years , 10 years go to home of perfect man for 20 years go to road, being not seemingly in currency must stick to conventions and hesitate to move forward on the problem exchanged!

In 10 years, former that financial crisis lets people have a lingering fear so far. This crisis had been considered generally entering frequently fast with the impact of international capital to happen have close relation. Somebody believes therefore that just because RMB capital project has not been opened , China has just resisted the impact of international capital. After this crisis, a lot of persons think that should put the pace of slow RMB free exchange. I think that this is to separate the nation against the world to discuss when raise head , when reprint. It trains successor into" the flower in greenhouse" if people do not approve generally. More moreover, WTO is also absolutely not the protective umbrella of ignorant and backward economic idea and system!

Have got the country of own hard currency, his national citizen and capital then can go to world, get water as fish. In 2008, Beijing Olympics and the Shanghai world's fair of 2010 years are that but are absolutely good and expected as RMB may exchange freely.

September 22,2007