Facebook Twitter 新浪微博 Instagram YouTube Saturday, Aug 12, 2017
Search
Archive
English>>

China to continue implementing prudent, neutral monetary policy: PBOC

(Xinhua)    10:30, August 12, 2017

BEIJING, Aug. 11 -- China will continue implementing prudent and neutral monetary policy to create a neutral and moderate financial environment for supply-side structural reform, the country's central bank said Friday.

The People's Bank of China (PBOC) will combine price-based and quantitative monetary tools as well as macro-prudential policies to fine-tune liquidity conditions, according to the quarterly report released by the PBOC.

Developing direct financing will be prioritized, and indirect financing structure will be improved.

More financial support will be given to small and medium-sized enterprises, rural and remote areas, agriculture and farmers, the report said, adding that green finance is encouraged.

The PBOC will play a more active role in guarding against systemic financial risks, according to the report.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: Du Mingming, Bianji)

Add your comment

Related reading

We Recommend

Most Read

Key Words