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Business > Foreign Business
Monetary policy provides support to real economy
By Xinhua News Agency
Nov 23, 2022 12:12 am

BEIJING: China's monetary policy has provided significant support to the East Asian country's real economy and proven to be well-calibrated, the head of the People's Bank of China (PBoC) said on Monday.

During the Annual Conference of Finance Street Forum 2022, PBoC Governor Yi Gang said that as the Chinese economy faced challenges and downward pressures this year, authorities had adjusted their monetary policy in a timely fashion to provide greater support to the real economy.

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