Global EditionASIA 中文双语Français
Home / Business / Finance

Premier Li vows prudent monetary policy

By Zhou Lanxu | China Daily | Updated: 2024-03-05 11:21
Share - WeChat
This file photo shows a worker counting Chinese currency at a bank in Lianyungang, East China's Jiangsu province. [Photo/Xinhua]

China will implement prudent monetary policy in a flexible, appropriate, targeted and effective way while making efforts to enhance the underlying stability of the capital market, said the Government Work Report delivered by Premier Li Qiang at the opening of the second session of the 14th National People's Congress on Tuesday.

The report said adequate liquidity will be maintained at a proper level and while aggregate financing and money supply will stay in step with the projected economic growth and increase in the consumer price index.

Efforts will be made to promote a steady decline in overall financing costs and maintain the renminbi exchange rate generally stable at an adaptive, balanced level, the report said.

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349