Yi Gang, governor of People's Bank of China, discusses financial reform and development at a news conference in Beijing, Sunday, March 10, 2019. [Photo/Xinhua]
Governor of the People's Bank of China Yi Gang discusses financial reform and development at a news conference in Beijing on Sunday. Here are the highlights.
China to maintain prudent monetary policy
China's prudent monetary policy has not changed, despite the recent increase in money supply.
We will also step up financial support for private enterprises, especially small and micro-sized enterprises.
Yi Gang (third from left), governor of People's Bank of China, discusses financial reform and development at a news conference in Beijing, March 10, 2019. [Photo/Xinhua]
China has room for reserve-requirement ratio cuts
Yi Gang, governor of People's Bank of China, discusses financial reform and development at a news conference in Beijing, March 10, 2019. [Photo/Xinhua]
China to lower financing costs for small firms
Yi Gang (third from left), governor of People's Bank of China, discusses financial reform and development at a news conference in Beijing, March 10, 2019. [Photo/Xinhua]
China will not use exchange rate as tool to facilitate exports
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