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MNI BRIEF: Inflation China's Top Policy Priority: PBOC's Yi

MNI (Beijing)
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China's monetary policy priority is ensuring stable consumer prices given the rising global uncertainties and geopolitics that further added inflationary pressure, said People's Bank of China Governor Yi Gang at the Boao Forum.

China's financial services will therefore highly prioritize supporting agricultural production and the production and imports of energy, so as to help maintain grain production and energy supply while keeping prices in a reasonable range, Yi said.

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China's monetary policy priority is ensuring stable consumer prices given the rising global uncertainties and geopolitics that further added inflationary pressure, said People's Bank of China Governor Yi Gang at the Boao Forum.

China's financial services will therefore highly prioritize supporting agricultural production and the production and imports of energy, so as to help maintain grain production and energy supply while keeping prices in a reasonable range, Yi said.

Keep reading...Show less