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The People's Bank of China will continue to...>

CHINA
CHINA: The People's Bank of China will continue to focus on maintaining economic
stability and implementing a prudent monetary policy, PBOC Governor Zhou
Xiaochuan said in his annual New Year speech, published by Financial News on
Tuesday. The PBOC would strive to maintain reasonable growth of credit and
social financing, Zhou said, stressing the importance of high quality economic
growth through further financial reform and opening up of the financial sector.
He reiterated the PBOC will perform its role in the Financial Stability and
Development Committee under the State Council, whose offices are located in the
central bank, and stressed the need to control risk to forestall systemic
financial problems. (Financial News)

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