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'Normal Growth' Goal of China 2021 Policy: Ex-PBOC Advisor

CHINA PRESS
MNI (Sydney)

China's macroeconomic policies must be stable to help achieve the goal of normal growth after last year's measures to counter the pandemic, Huang Yiping, a former member of the PBOC Monetary Policy Committee, said in a blogpost. China should maintain positive fiscal and prudent monetary policies, support SMEs and account for financial risks, Huang said. China should let the market allocate and price resources, and avoid overexerting the government's role after the pandemic ends, he said.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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