Sentences with phrase «full liberalization»

In the least, investors expect to see a further broadening of the yuan's trading band next year and the establishment of a deposit insurance scheme - a prelude to a gradual freeing up of deposit rates and full liberalization of interest rates.

Progress in a few areas has been solid: slashing of bureaucratic red tape has led to a surge in new private businesses; full liberalization of interest rates seems likely following the introduction of bank deposit insurance in May; Rmb 2 trillion (US$ 325 billion) of local government debt is being sensibly restructured into long - term bonds; tighter environmental regulation and more stringent resource taxes have contributed to a surprising two - year decline in China's consumption of coal.

Not exact matches

Furthermore, the economic crisis faced by North Korea also worked as the barrier to its economic transformation into launching a full - scale reform and liberalization program.