China's impact on the global economy and its recent financial reform are some of the focuses of the meeting of finance ministers and central bankers from the world's 20 biggest economies. On Saturday, China further liberated lending interest rates for financial institutions. The floor limit for lending interest rates was cancelled and financial institutions can now decide their own rates. Participants at the G20 meeting said the move will further marketize China's interest rates, and will have a positive impact on China's economic development.
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