Thursday, 21 October 2021 03:49 GMT

China intends to keep steady macro policies

(MENAFN)According to the central bank, China is intended for keeping steady macro policies, abstaining from "flood-like" motivation restrictions and accepting a judicious monetary policy that concentrates on backing the real economy.

The People's Bank of China (PBOC) vowed to save a prudent monetary policy that is flexible, targeted and reasonably moderate, and increase labors to develop the green finance system, in line with a statement released following a Friday summit on work for the last six months.

The PBOC also declared that it intends to force forward financial opening-up, expand financial improvements in key fields, and carefully perform the pilot investigation and improvement of the digital RMB.

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