China says to keep yuan stable, Wen's report

BEIJING  -- China pledged to keep the exchange rate of yuan "basically stable", according to a government work report to be delivered by Premier Wen Jiabao at a parliament session Thursday.

The central parity rate of the yuan was 6.8395 per US dollar Wednesday, after weakening against the dollar for a seventh straight trading day.

The government also vowed to improve the exchange rate regime of the yuan, according to the report.

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