Healthy credit growth

Strong credit support has played a remarkable role in enabling China to meet its growth target of 8 percent last year in spite of all the difficulties the global financial crisis threw in its way.

But to sustain its economic recovery in 2010, Chinese policymakers need to fine-tune the supply of money more often than ever to both boost economic growth and tame inflation worries.

The People's Bank of China, the central bank, stressed on Wednesday that it will maintain a moderately loose monetary policy in 2010 and determine the policy's focus and flexibility to adjust to new circumstances.