BEIJING, Sept. 17 -- The People's Bank of China (PBOC), or the central bank, announced Friday it would continue the moderately easy monetary policy and make it better-targeted and more flexible in the coming months of this year. W- l: z7 q3 S8 C) L( I- E
The announcement came in the PBOC's report on China's financial stability, which was released on the PBOC's website.4 D( L% O1 g8 t+ j; ]9 L8 k" L1 @
The PBOC said in the next stage it need to skillfully handle the relationship between maintaining steady and rapid economic development, restructuring the economy and managing inflation expectations. |