Speeches by Central Bank's Official and the Future Policy Direction
ANBOUND
The official from Central Bank stresses that in addition to the high saving rate, the urbanization progress and the future reform bonus can also guarantee great potentials in China's economy.
ANBOUND’s scholars are of the view that in the short term, the central bank will maintain the current interest rate and the relatively loose monetary environment will be maintained too.
However, in the future, should the economic growth takes the brunt; the monetary policy might be eased further.
The Central Bank judges that currently, the exchange rate market has returned to the normal trend, however if unusual situation arises, the Central Bank might intervene again to lower the RMB exchange rate.