State Council takes big step towards fully convertible yuan

The announcement, which followed a meeting chaired by Premier Li Keqiang , indicated the leadership may already have drafted a time frame for a freer capital flow. It had been speculated earlier that full convertibility would come by 2015.

via Business feed http://www.scmp.com/news/article/1231805/state-council-takes-big-step-towards-fully-convertible-yuan