November 07, 2024 05:24 GMT
MNI BRIEF: Pan Says PBOC's Supportive Policy Stance Remains
The PBOC's governor on the bank's accommodative stance.
MNI (BEIJING)
According to a statement on the PBOC website on Thursday, Pan noted the Bank will maintain a balanced approach to economic growth rates and growth quality, internal and external factors as well as investment and consumption, pointing out the recent incremental financial policies have recieved a positive response and bolstered confidence. (See MNI: Beijing's Bank Capitalisations To Lift Tier-1, Lending）
The People’s Bank of China will continue to implement supportive monetary policies, enhance communication with the market and improve financial services, said Governor Pan Gongsheng in a meeting with representatives from foreign financial institutions.
According to a statement on the PBOC website on Thursday, Pan noted the Bank will maintain a balanced approach to economic growth rates and growth quality, internal and external factors as well as investment and consumption, pointing out the recent incremental financial policies have recieved a positive response and bolstered confidence. (See MNI: Beijing's Bank Capitalisations To Lift Tier-1, Lending）
The Bank will steadily advance the institutional opening of financial markets and promote the facilitation of trade and investment, he said.
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