China to make prudent monetary policy more flexible


BEIJING (Xinhua): The State Council, China's cabinet, on Wednesday (Sept 3) stressed efforts to pursue a prudent monetary policy in a more flexible and appropriate way in order to promote steady economic and financial operation.

It emphasised the need to maintain policy strength and sustainability, refrain from resorting to a deluge of strong stimulus policies, and channel funds into the real economy, according to a statement released after a State Council executive meeting chaired by Premier Li Keqiang.

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China , monetary , policy

   

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