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China should deepen supply-side.........>

CHINA PRESS
CHINA PRESS: China should deepen supply-side reform while implementing
prudential monetary policy and maintaining sufficient liquidity in the financial
system, according to a report in Securities Daily on Monday. Citing the meeting
of the Financial Stability and Development Committee, Securities Daily
identified counter-cyclical adjustment and a growth in social financing as other
key policy objectives. The report said that China should also accelerate the
creation of a long-term mechanism for commercial banks to replenish capital and
dredge the transmission of liquidity from the financial system to the real
economy. 

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