People’s Bank of China (PBoC) Governor Pan Gongsheng gave foreign financial institutions a detailed explanation on China’s current monetary policy stance and considerations related to adjusting the monetary policy framework on Thursday.
Key quotes
We will continue to implement a supportive monetary policy.
We will strengthen communication with the markets.
We will constantly promote the opening up of China’s financial services industry and financial markets.
We will promote sustained economic recovery.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
