President Hu Pledges Gradual Reform of Mechanism Determining RMB Exchange Rate

By The Beijing News
Published: 2010-05-25

Chinese president Hu Jintao addressed the opening ceremony of the second-round of China-US strategic and economic dialogue in Beijing on May 24th. During his remarks, President Hu said "China will continue to steadily advance reform of the mechanism used to fix the RMB's exchange rate under the principle of independent decision-making, controllability and gradual progress."


Source
The Beijing News

Google Translation