Central bank vice-governor voices confidence amid currency volatility
The monetary authority vowed to stabilize the renminbi amid escala
ted trade tensions, while continuing to push forward financial opening-up and pr
otecting overseas investors’ legal rights, said a senior official from the central bank on Sunday.
“We have the foundation, confidence and capacity to maintain a stable foreign exchange ma
rket in China, and keep the renminbi exchange rate at a reasonably stable equilibrium,” said Pan Gongsheng, vi
ce-governor of the People’s Bank of China, the central bank, said in a statement on its website.
Before his pledge, the onshore renminbi rate depreciated to 6.9182 per do
llar at Friday’s close, the weakest level since December, and the offshore renminbi rate h
ld correct our mistakes when we have made any and guard against them when we have not.
The Party should address young people’s concerns in employment,
starting business, integrating into the society, love, marriage and making friends, carin
g for the elderly and raising children, so as to create favorable conditions for their development.
We should educate and guide young people to view the world pr
operly, to understand the national conditions comprehensively, and to grasp the trend of the era.
Communist Youth League asked to mobilize youth for Chinese Dream
The Communist Youth League of China (CYLC) shall unite and lead Chi
nese youth of the new era to strive for the Chinese Dream of national rejuvenation.
The CYLC should serve their duties of guiding and uniting the youth, mobilizing them, connecting them and providing services.
Youth urged to have concerns for humanityThe Chinese youth should work for the building of a community with a shared future for humanity.