China's central bank vows strong support for economy in 2024
2024-01-06 08:32:30 source：CGTN
Janurary 6, 2024
The People's Bank of China (PBOC), the country's central bank, vowed to provide strong and effective support for steady economic growth and high-quality development in 2024 at a work conference held in Beijing from Thursday to Friday.
The PBOC said it will work to sustain healthy financing activity while expanding financial opening-up this year as part of its efforts.
In a statement released on Friday, the PBOC said that it will focus on ensuring a balanced allocation of new credit, enhance the efficiency of existing funds and improve the credit structure so that social financing can achieve relatively rapid and sustainable growth throughout the year.
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