The "Currency War" Is Not Expected In The World.

Li Keqiang, premier of the State Council, met in the Great Hall of the people on the morning of 21, to attend the annual meeting of the 2016 annual meeting of China Development Forum, Lagarde, President of the International Monetary Fund.

Li Keqiang congratulated lagargad as president of the International Monetary Fund.

He said that at present, the world economy is uncertain and unstable, increasing the need for major economies to strengthen macroeconomic policy coordination, and to maintain and promote global economic finance.

Stable.

The Chinese government attaches great importance to communication with the market and attaches great importance to it.

The role and suggestions of major international economic and financial institutions will further strengthen dialogue and cooperation and release more signals that will help boost market confidence and contribute to stability and growth.

When it comes to financial market policy, Li Keqiang pointed out that China does not approve of the currency war in the world, which has disadvantages and disadvantages to the recovery of the world economy.

We will not stimulate exports by actively devaluing the renminbi, which is not conducive to China's economic pformation and upgrading.

China will continue to push ahead with the reform of financial market and rule of law, adhere to the principle of independence, gradualism and controllability, and steadily push forward the reform of RMB exchange rate formation mechanism.

According to China's economic fundamentals and

The need for stability enables the RMB exchange rate to float in a reasonable interval and remain basically stable at a reasonable and balanced level.

Li Keqiang stressed that many large commercial banks in China are mainly state-owned shares.

Our government's debt ratio, especially the central government's debt ratio is relatively low, and the household savings rate is relatively high. The central finance can support the bank's capital adequacy ratio at a high level through marketization, and the central bank also has many tools to guard against financial risks.

China has the ability to keep the bottom line of regional and systemic financial risks.

Lagarde congratulated China on the successful holding of the "two sessions" and said that China's "13th Five-Year plan" is highly concerned by the international community and will help the Chinese economy continue to play a leading role in the development of the world economy.

China has recently strengthened its foreign policy communication on issues such as the RMB exchange rate, and has effectively enhanced the confidence of the international market.

The IMF appreciates China's insistence on deepening reform and is willing to strengthen communication and cooperation with China and continue to send positive signals to the market.