Opening-up is one of China's basic state policies. The Chinese economy has experienced ground-breaking transformations since it first opened its doors to the outside world four decades ago. Now, the country is blazing a trail of its own. For a better opening-up, Zhou Xiaochuan, governor of the country's central bank the People’s Bank of China (PBOC), said China must embrace free trade and investment, as well as let the market decide the yuan’s value.
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