The State Council Information Office (SCIO) of China held a significant press conference today, focusing on implementing decisions from the Central Economic Work Conference and enhancing financial support for the high-quality development of the real economy.
Pan Gongsheng, governor of the People’s Bank of China (PBOC), along with Zhu Hexin, deputy governor of the PBOC and administrator of the State Administration of Foreign Exchange, and Xuan Changneng, deputy governor of the PBOC, addressed the media and answered questions.
The officials discussed strategies to bolster the real economy through strengthened financial services. Emphasis was placed on aligning monetary policies with national development goals, promoting innovation, and maintaining financial stability to support sustainable economic growth.
The press conference highlighted China’s commitment to high-quality development, with financial institutions playing a pivotal role in modernizing the real economy. The discussions reflected a concerted effort by the nation’s financial authorities to effectively implement the decisions of the Central Economic Work Conference.
This event provided valuable insights into China’s economic policy directions, signaling a continued dedication to economic reform and opening-up, while ensuring that financial support aligns with broader developmental objectives.
Reference(s):
Live: Financial support for high-quality development of real economy
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