The Central Economic Work Conference that concluded yesterday released a series of Bullish Signals. A relevant person in charge of the Monetary Policy Department of the People's Bank of China indicated that the wording of next year's monetary policy orientation was changed from 'prudent' to 'appropriately relaxed', clarifying that more proactive macro policies will be implemented, highlighting the determination to drive economic recovery through policy. Zou Lan, the director of the Monetary Policy Department of the People's Bank of China, stated that implementing an appropriately relaxed monetary policy is also a manifestation of counter-cyclical adjustment. Currently, the negative impacts brought by changes in the external environment have deepened, and our country's economic running still faces many difficulties and challenges, and the appropriately relaxed monetary policy orientation has enhanced the response capacity and flexibility of monetary policy. (CCTV News)
央行货币政策司司长邹澜:适度宽松的货币政策取向增强了货币政策的应对能力和空间
The director of the Monetary Policy Department of the central bank, Zou Lan, stated that the appropriately relaxed monetary policy orientation has enhanced the response capacity and flexibility of monetary policy.
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