国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

PBOC governor says China capable of achieving growth target

By LI XIANG (chinadaily.com.cn) Updated: 2016-03-12 16:21

China will maintain a prudent monetary policy and rule out the possibility of loosening substantial credit to stabilize growth, the central bank's governor said on Saturday.

Speaking at the news conference in Beijing, Zhou Xiaochuan, governor of the People's Bank of China (PBOC) said that China is capable of achieving its growth target through improving economic efficiency and innovation.

Zhou stressed that the monetary policy will be flexible to counter the potential impact from unexpected and sharp volatilities in both domestic and international markets.

Concerns have emerged that the Chinese economy may face the issue of economic stagflation, a situation where inflation is high but economic growth remains slow, after the country saw a bigger-than-expected expansion of inflation in February.

The consumer price index, a main gauge for inflation, rose by 2.3 percent, primarily driven by soaring food prices.

Some economists say that China is facing daunting challenges in its macroeconomic policies this year as the economic slowdown requires monetary easing but excessive loosening that will further drive up the debt burden on Chinese companies and spur speculative bubbles in the property market.

Zhou said the PBOC will follow the economic indicator on inflation closely, as it's a factor that may affect the interest rate policy of the monetary authority.

New loan growth in February was 726.6 billion yuan ($111.9 billion), sharply contracted from the record amount of 2.51 trillion yuan in the previous month, according to official data.

Hot Topics

Editor's Picks
...
马尔康县| 民乐县| 余姚市| 万安县| 依安县| 云和县| 内丘县| 昂仁县| 庆云县| 澳门| 句容市| 盘山县| 古浪县| 旌德县| 民丰县| 洛宁县| 乐都县| 磐安县| 昭苏县| 乌兰察布市| 枣强县| 灵宝市| 长阳| 五河县| 犍为县| 沙河市| 乳山市| 三台县| 托克逊县| 长岭县| 龙口市| 信宜市| 弥勒县| 阿瓦提县| 卢湾区| 菏泽市| 年辖:市辖区| 农安县| 舒兰市| 抚松县| 淳安县|