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Zou Lan, Deputy Governor of the Central Bank: The effect of the monetary policy already implemented will be further demonstrated. We will continue to implement moderately loose monetary policy

According to online reports, Zou Lan, deputy governor of the central bank, said that from the perspective of economic theory and practical experience, the transmission of monetary policy takes time, and the effects of the already implemented monetary policy will be further demonstrated. In the next stage, the People's Bank of China will continue to implement moderately loose monetary policies, pay close attention to evaluating the transmission and actual effects of policies implemented in the early stage, and grasp the intensity and pace of policy implementation based on the domestic and international economic and financial situation and financial market operation., better promote the expansion of domestic demand, stabilize social expectations, stimulate market vitality, and support the realization of economic and social development goals and tasks throughout the year. (China website)

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