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Business > Foreign Business
Financial system stable overall – PBOC
By Global Times
Aug 28, 2024 12:18 am

THE People's Bank of China (PBOC), the country's central bank, has conducted three major monetary policy adjustments to precisely support economic growth this year, and it will continue to strengthen countercyclical and cross-cyclical adjustments to consolidate the economic recovery, said PBOC Governor Pan Gongsheng.

China's financial system is stable overall, with risks in key sectors being resolved in an orderly fashion, Pan said in an interview with state broadcaster China Central Television on Saturday.

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