Lates News

Xie Guangqi, Director of the Monetary Policy Department of the People's Bank of China, said at a press conference of the State Council Information Office that the central bank is continuously optimizing and improving the framework of monetary policy to promote the transformation of the monetary policy framework from mainly quantity-based regulation to mainly price-based regulation, focusing on creating a suitable monetary and financial environment. The current single loan indicator can no longer fully reflect the financing situation of the real economy. It is suggested that loans and bonds be combined to observe, and more attention be paid to indicators such as interest rates and financing structure, which comprehensively reflect the social financing conditions. (Securities Times)