As of the end of November 2008,Michael Kors handbags, the broad money supply (M2) grew in January-November 14.2008, new RMB loans of financial institutions 4.14 trillion yuan, an increase of 555.4 billion yuan, the new quarterly lending balanced delivery, no ups and downs. Reasonable monetary and credit growth and structural optimization, strong support for the steady and rapid economic development. The second is to further promote financial reform and opening up a stable job, stable operation of the financial sector to promote. Promote the restructuring of state-owned commercial banks have been further improved corporate governance, banking management, profitability and ability to resist risks continued to Michael Kors handbags outlet improve.
China Development Bank Corporation formally,Michael Kors purses, business transformation breakthrough. Accelerate the progress of reform of rural credit cooperatives, rural areas continue to promote financial innovation. Continued development of short-term financing bonds, medium-term notes and SMEs launched a short-term financing bonds, the successful completion of the pilot securitization of credit assets, to conduct RMB interest rate swap business, good real estate investment trusts pilot preparation, financial product innovation and financial market developments accelerated. Promote trade and investment facilitation, to carry out the foreign exchange franchise small business pilot, and improve the Qualified Foreign Institutional Investors and Qualified Domestic Institutional Investor system, to carry out special inspections of foreign exchange, foreign exchange management further improved and strengthened.
Actively promote and participate in the international financial system,Michael Kors handbags outlet, financial market reform and rule-making, interaction with Hong Kong, Macao and Taiwan to further strengthen policy coordination and financial market made new progress in cooperation, international financial cooperation and Hong Kong, Macao and Taiwan. Third, efforts to tackle the global financial crisis, and earnestly safeguard the financial stability and security. After the U.S. subprime mortgage crisis, the People's Bank immediately organize a special force, real-time monitoring of the international and domestic market dynamics, timely countermeasures, development of contingency plans, strengthening domestic potential financial risk monitoring, and take effective measures to maintain the stability of the domestic financial system.
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