Monday, December 15, 2014
Central Bank Data Reveals Financial "New Normal"
ANBOUND
The data released in November by China's central bank reflected the "New Normal" in China’s financial sector. Under the “New Normal”, a gear-shift schedule of the economic growth, M2 and deposit growth has slowed down, so as other financial indexes. Therefore, the regulators and China’s financial industry should understand, adapt to and lead the trend, in order to better achieve the goal of providing financial support for the real economy.