On your second question, China adopts a managed floating exchange rate regime, which serves the long-term and fundamental interests of China.
关于第二个问题，中国实施有管理的浮动汇率制度，这一机制符合中国长远和根本的利益。
China establishes a managed floating exchange rate regime based on market demand and supply with reference to a basket of currencies.
中国实施的是以市场供求为基础、参考一篮子货币进行调节、有管理的浮动汇率制度。
We have manifested on many occasions that it is our established policy of implementing a managed floating RMB exchange rate regime.
关于人民币汇率问题，我们多次表明，中方实行有管理的浮动汇率制度，这是我们的既定政策。
We have been following a managed floating exchange rate regime in accordance with the principle of independent initiative, controllability and gradualism.
我们一直按照主动性、可控性、渐进性原则稳步实施有管理的浮动汇率制度。
It is China's policy to establish a managed floating exchange rate regime.
实行有管理的浮动汇率制度是中国既定政策。
We argued that floating exchange rates would cause less disturbance than the fixed-rate regime.
我们认为，浮动汇率引发的动荡会比固定汇率少。
They believe that the frequent fluctuation of nominal and real exchange rates under the floating exchange rate regime will inevitably lead to the reduction in the volume of international trade.
他们认为，浮动汇率制度下名义汇率和实际汇率的频繁波动将不可避免地导致国际贸易量的减少。
One of the most debated issues in international economics concerns the choice ofexchange rate regime and the 'pros' and 'cons' of fixed versus flexible or floating exchange rates.
在国际经济事物中最具争议的问题之一是关于选择多种交换的汇率制度以及优点可缺点混杂的固定与灵活的浮动汇率。
It was decided at that time that we would adopt a market-based, single, regulated floating exchange rate regime.
我们当时确定的机制是以市场供求为基础，单一的、有管理的浮动汇率。
There are two broad types of exchange rate regimes: the Fixed exchange rate regime and the Flexible (Floating) Exchanges rate regime.
汇率制度可以分为两种类型：固定汇率制度和浮动汇率制度。然而实际上存在着多种不同的中间状态的汇率制度。
Since China has adopted RMB floating exchange rate regime in 2005, the continued appreciation and volatility of RMB make them face unprecedented challenges.
自2005年我国实行人民币的浮动汇率制度以来，人民币的不断升值与波动使他们正面临着前所未有的挑战。
Strategic behavior of policy selection shows that the managed floating exchange rate regime with market entering restriction could not become a Nash equilibrium.
从政策选择角度看，有市场进入限制的管理浮动汇率制度不是一个纳什均衡结果。
Experience of advanced countries shows, capital control influences operation of floating exchange rate regime through the expectation of speculative capital.
主要先进国家的经验表明，通过国际投机资本预期这一渠道，资本项目管制能深刻影响浮动汇率运行。
Under the managed floating exchange rate regime, exchange rates always fluctuate acutely.
在管理浮动汇率制度下，汇率波动一直相当剧烈。
It was decided at that time that we would adopt a market-based, single, regulated floating exchange rate regime.
第三十三条人民币汇率实行以市场供求基础的、单一的、有管理的浮动汇率制度。
We will pursue a managed floating exchange rate regime based on market demand and supply and with reference to a basket of currencies.
实行以市场供求为基础，参考一篮子货币，有管理的浮动汇率机制。
We will pursue a managed floating exchange rate regime based on market demand and supply and with reference to a basket of currencies.
实行以市场供求为基础，参考一篮子货币，有管理的浮动汇率机制。
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