Vice Governor of the People's Bank of China Zou Lan: The effects of the monetary policy that has already been implemented will further manifest, and we will continue to implement a moderately loose monetary policy

According to a report by Golden Finance, Vice Governor of the People's Bank of China, Zou Lan, stated that from the perspective of economic theory and practical experience, the transmission of monetary policy takes time, and the effects of the implemented monetary policy will further manifest. In the next stage, the People's Bank of China will continue to implement a moderately loose monetary policy, closely monitor and evaluate the transmission and actual effects of the policies implemented in the early stage, 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 achievement of the annual economic and social development goals and tasks. (China Net)