Policy for settlement of HK-mainland trade in yuan coming soon: central bank governor

Source: Xinhua | 03-06-2009 11:14

BEIJING, March 6 (Xinhua) -- China is expected to soon issue a policy facilitating settlement in yuan for trade between Hong Kong and the mainland, the country's central bank governor Zhou Xiaochuan said here Friday.

Zhou Xiaochuan (R), governor of the People's Bank of China,  answers a question during a press conference on dealing  with the global financial crisis and maintaining steady  and relatively rapid economic growth held by the Second Session of the 11th National People's Congress (NPC) at  the Great Hall of the People in Beijing, capital of China,  March 6, 2009. Zhang Ping, minister in charge of the  National Development and Reform Commission of China, and  Chinese Finance Minister Xie Xuren also attended the press  conference. (Xinhua/Rao Aimin)

"It won't be long before the policy can be made public," Zhou told a press conference here on the sideline of the parliament's annual session.