People's Bank of China (PBOC) Governor Pan Gongsheng gave foreign financial institutions an in-depth explanation of China's current monetary policy stance, and considerations related to the adjustment of the monetary policy framework on Thursday.
Key quotes
Will continue to implement supportive monetary policy.
Will strengthen communication with markets.
Will steadily promote opening up of China's financial services industry and financial markets.
Will promote the sustained economic recovery.
* The content presented above, whether from a third party or not, is considered as general advice only. This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.
