China's Central Bank Pledges Continued Support

China's central bank governor, Pan Gongsheng, emphasized the commitment to a supportive monetary policy and announced plans to explore new measures for economic recovery. Pan highlighted the bank's aim to boost financial backing for the real economy during a symposium with economic experts and financial officials.


Devdiscourse News Desk | Beijing | Updated: 29-08-2024 15:23 IST | Created: 29-08-2024 15:23 IST
China's Central Bank Pledges Continued Support
monetary policy
  • Country:
  • China

China's central bank governor, Pan Gongsheng, reaffirmed the institution's commitment to a supportive monetary policy, according to a statement released Thursday.

Pan stated that the bank is exploring new policy measures to further consolidate the positive momentum of economic recovery. The central bank aims to enhance financial support to the real economy and intensify counter-cyclical adjustments.

These remarks were made during a symposium on Monday that included economic experts and financial sector officials.

(With inputs from agencies.)

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