Feb 28, 2022 08:18 PM (GMT+8)
The Monetary Policy Department of the central bank released the article "prudent monetary policy supports high-quality development". The article pointed out that it is necessary to adhere to the principle of stability and seek progress while maintaining stability, flexibly and appropriately adjust the strength, rhythm and focus of monetary policy according to the changes of the situation and the requirements of high-quality economic development, guide financial institutions to effectively expand credit supply, enhance the stability of total credit growth, guide the steady optimization of credit structure, and promote the reduction of comprehensive financing costs of enterprises. In the future, China has the ability and conditions to effectively respond to external shocks and domestic downward pressure, maintain stable economic operation and overall stability of inflation, stabilize the macro-economic market, and continue to become the highlight of the global economy.
This text is a result of machine translation.