China should focus on four main.........>

CHINA PRESS: China should focus on four main factors to ensure that the yuan

exchange rate remains reasonably stable, Securities Daily reported on Friday. 

  - Strong economic fundamentals, the emergence of new growth engines and

industrial structural upgrades should support the yuan, the newspaper said; 

  - China's international balance of payments is reasonably balanced, the

commentary said, while foreign reserves are abundant and basically stable

despite fluctuations;

  - The PBOC will continue to perform an important role in pulling the yuan

exchange rate to a "normal functioning track," the newspaper said, adding that

the central bank will take measures to stabilise the yuan.