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Central Bank: Continue to effectively implement a moderately accommodative monetary policy and strengthen countercyclical and cross-cycle adjustments
Svmuu News People's Bank of China (PBOC) Governor Pan Gongsheng presided over a symposium with economic and financial experts. Pan Gongsheng stated that,In the coming period, People's Bank of China (PBOC) will fully implement the spirit of the Fourth Plenary Session of the 20th CPC Central Committee, the Central Economic Work Conference, and the requirements outlined in the Government Work Report. It will establish a scientific and prudent monetary policy framework, continue to implement a moderately accommodative monetary policy, and intensify countercyclical and cross-cyclical adjustments to create a suitable monetary and financial environment for the economy to continue improving and achieving higher-quality growth. (PBOC)
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