Financials Jun 25, 2022 03:05 PM (GMT+8) · EqualOcean
Wangyiming, member of the monetary policy committee of the people's Bank of China and vice chairman of the China Center for international economic exchanges, said at the quarterly forum of the China macroeconomic Forum (mid-2022) that the current prudent monetary policy is sufficient in total. The next step is to support financial institutions to carry out consumption and credit business through interest discount. Promote consumption by providing low interest and interest free consumer credit with appropriate government subsidies and financial institutions.