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China to Maintain Proactive Fiscal, Prudent Monetary Policies: PBOC

CHINA PRESS
MNI (Singapore)

China will continue to implement proactive fiscal policy and prudent monetary policy to support recovery, PBOC Governor Yi Gang said at the meeting of the International Monetary and Finance Committee last week, according to a statement on the PBOC website. China's economy continues to recover with inflation generally moderate, while imports and exports are seeing robust growth, said Yi. The surplus of current account is at a reasonable range and the yuan remains stable, Yi said. China supports the transfer of SDRs to countries in need, expanding poverty reduction and growth trust, Yi said.

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