Yi Gang, Governor of the People’s Bank of China (PBOC), said in a statement on Wednesday, “China’s economy continues to improve, 5% growth target is expected to be successfully achieved.”
Additional quotes
Shifting economic growth model is more important than pursuing high growth rate – securities times.
China’s economic growth momentum improves recently, production and consumption recover steadily, employment and consumer prices stable.
Monetary policy will pay more attention to cross-cyclical and counter-cyclical adjustments in next stage.
Will always keep prudent monetary policy, support stable growth of real economy.
Will provide a good monetary and financial environment to stabilize price, promote economic growth and expand employment.
Spillover effect of property market adjustments on the financial system are generally manageable.
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