"First, monetary policy should coordinate with active fiscal policy; second, reserve requirement reduction is currently the main means of coordinating China's monetary policy with fiscal policy; third, government bonds are the main collateral of our central bank's liquidity support tools; Fourth, buying and selling government bonds by the central bank will gradually become one of China's monetary policy tools." On June 20, at the 2024 Lujiazui forum in Shanghai, the China-Europe International Financial Roundtable Seminar and the China-Europe Lujiazui Finance 50-person Forum summer meeting, Sheng Songcheng, professor of economics and finance at the China-Europe International Business School, said.
中欧经济学与金融学教授盛松成：央行买卖国债将逐步成为货币政策工具之一
Sheng Songcheng, professor of Sino-European economics and finance: buying and selling government bonds by the central bank will gradually become one of the monetary policy tools.
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