The People's Bank of China (PBOC).......>

CHINA PRESS: The People's Bank of China (PBOC) will maintain its neutral and

prudent monetary policy, keeping liquidity at a reasonable and sufficient level,

said a statement from the PBOC's monetary policy committee, reported by

Financial News, a newspaper of the PBOC. The PBOC promises to closely monitor

both domestic and international economic trends, enhance its forecasting

capability and fine-tune its policies, noted the newspaper. Domestic demand is

becoming the main driving force of China's economy, while the country's

dependence on foreign trade has significantly weakened, said the newspaper.

China will use multiple monetary policy tools to control the pace and intensity

of structured deleveraging.