The proposed "triangular support........>

CHINA PRESS: The proposed "triangular support framework" recently put forward by

the State Council's Financial Stability Development Committee will focus on the

policy goal of stabilizing growth and eliminating risks, said Huang Yiping, vice

president of the National Development Research Institute of Peking University,

in an interview with The Paper.

- Reiterating the implementation of a prudent and neutral monetary policy is a

signal, aiming to reduce the market expectation of further loose monetary

policy,  said Huang, who is also chairman of the China Finance 40 Forum's

academic committee.

- The Financial Stability Development Committee meeting has first proposed

forming a "triangular support framework" between a prudent and neutral monetary

policy, small and medium-sized enterprises and private firms, as well as the

capital markets, The Paper said.

(Link to the story: http://suo.im/4wZUll)