国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

China reiterates prudent monetary policy

Xinhua | Updated: 2013-07-06 10:45

BEIJING -- The State Council, China's cabinet, on Friday reiterated that it will maintain a prudent monetary policy and a reasonable money and credit scale to support economic restructuring after a cash crunch sent interbank borrowing rates to record highs last month.

The State Council said in a guideline issued for the financial sector that China will strike a balance between stabilizing economic growth, adjusting the economic structure, stemming consumer inflation and guarding against financial risks.

According to the guideline, the government will use quantitative and pricing monetary policy tools to increase the money velocity and ensure that funds are used more efficiently.

"The country's economic operation is generally stable but has outstanding structural problems," it said, adding that a misallocation of capital is challenging the country's financial system, which is "generally sound."

The guideline was the latest sign that the country's policy-makers are determined to bring debt-fueled economic expansion under control, despite mounting evidence that points to a slowdown in the world's second-largest economy.

The central bank's continuous monetary tightening and a confluence of coincidental factors, such as increasing cash demand ahead of a traditional Chinese holiday and banks' setting aside money to meet reserve requirements, caused interbank borrowing rates to spike last month and sent the key Shanghai stock index to its lowest level in nearly four years.

According to Friday's guideline, the central bank will help financial institutions ensure that credit is available for small enterprises, the agricultural, advanced manufacturing and information technology sectors, as well as labor-intensive industries. However, credit will be curbed in sectors struggling with overcapacity.

It said China will strictly control financial risks, especially those associated with local government debt and property financing. Financial system stress tests will be conducted "at an appropriate time."

The guideline also made other pledges, including private capital flows into the financial sector will be encouraged, market-determined interest rates will be established and credit supplies to key infrastructure projects will be guaranteed.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
故城县| 三河市| 沧源| 张北县| 土默特左旗| 武鸣县| 郧西县| 延吉市| 南和县| 弥勒县| 漯河市| 山阴县| 察雅县| 伊川县| 顺义区| 天峨县| 太仓市| 蒲城县| 灵璧县| 张掖市| 望江县| 治多县| 无为县| 略阳县| 富阳市| 兴文县| 成安县| 兴山县| 尼勒克县| 登封市| 镇巴县| 遂昌县| 沙坪坝区| 灵石县| 漳浦县| 黑水县| 宽甸| 祁门县| 咸宁市| 若尔盖县| 河东区|