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PBOC Governor Pledges Stronger  Support To The Economy-Statement

CHINA PRESS
MNI (Singapore)

The People's Bank of China will step up the implementation of its prudent monetary policy to provide stronger support for the real economy, Governor Yi Gang said in a meeting of G20 central bank governors and finance ministers, according to a statement on the PBOC website late Saturday. The economy faces certain downward pressures due to the pandemic and external factors, though inflation is relatively low and expectations remain stable, said Yi.

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