Tuesday, 02 January 2024 12:17 GMT

China: Financial strategy to prioritize steadiness in 2021


(MENAFN)China will prioritize steadiness in its financial strategy in 2021, stated Yi Gang, director of the People's Bank of China.

China will use a complete range of financial policy tools, sustain liquidity at a sensibly ample level, and guarantee that the development of broad money supply and social financing essentially matches nominal economic expansion, Yi told Xinhua in an interview.

The country will offer more fiscal support to small and micro-sized businesses, technological innovation and green improvement, Yi added.

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