China to continue implementing prudent monetary policy in H2: PBOC

          Source: Xinhua| 2019-08-03 00:13:15|Editor: yan
          Video PlayerClose

          BEIJING, Aug. 2 (Xinhua) -- China's central bank said Friday that the country will keep its prudent monetary policy "neither too tight nor too loose" and make adjustments in a timely and moderate manner in the second half of the year.

          The People's Bank of China (PBOC) will use a variety of monetary policy tools and adopt counter-cyclical adjustments to keep the liquidity at a reasonable and ample level, it said in a national video and telephone conference.

          The growth pace of M2, a broad measure of money supply that covers cash in circulation and all deposits, as well as that of social financing scale, should be commensurate with the growth in nominal GDP, said the bank.

          Meanwhile, the meeting called for improving the transmission mechanism of monetary policy to the real economy and to further stimulate the vitality of the micro-enterprises in the market.

          In terms of preventing and defusing major financial risks, the bank stressed to forestall systematic financial risks and protect the legitimate rights and interests of the public.

          The bank also vowed to strengthen supervision and control of funds in the real estate market and adhere to the principle of "houses are for living in, not for speculation."

          In H2, the bank said it would continue to expand market access, promote greater cross-border use of Chinese yuan, speed up the development of China's legal digital currency (DC/EP) and intensify curbing risks of Internet financing.

          TOP STORIES
          EDITOR’S CHOICE
          MOST VIEWED
          EXPLORE XINHUANET
          010020070750000000000000011105521382794571
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  有AV看免费在线 | 午夜亚洲国产理论片中文 | 亚洲日韩欧美一区二区三四区 | 日日摸夜夜摸狠狠摸婷婷 | 偷自视频区在线 | 中文字幕精品亚洲四区 |