PBOC swears by prudent policy

Nation unlikely to purchase more Treasury bonds or implement new QE measures

Cutting the reserve requirement ratio (RRR) will remain policymakers' go-to tool if they need to boost liquidity and tackle deflation or economic cooling, economists said on Friday, after the central bank published its latest quarterly monetary policy report.

China will continue to maintain a stable and prudent monetary policy, but that does not mean unchangeable monetary conditions all the time, said the People's Bank of China, the central bank, in its report.