PBOC: China's financial system operates smoothly in 2020

China's financial system operated smoothly in 2020, with major financial indicators performing in line with expectations, said Chen Yulu, deputy governor of the People's Bank of China (PBOC), at a press conference of China's State Council Information Office on Friday.

January 15, 2021

Officials say China very close to achieving credit growth target for 2020

Facing unprecedented challenges brought about by COVID-19, China has been working to stabilize its economy and boost its recovery through a series of measures and reforms. That includes increasing loans to different sectors including small and micro businesses.

January 18, 2021

Inflation may see moderate growth in 2021

China's inflation is likely to see moderate growth this year, but a consistent pickup is unlikely given the constrained consumption of services, a senior central bank official said on Friday.

January 18, 2021

China to prioritize stability in monetary policy, avoid sudden shifts in 2021

China will prioritize stability in its monetary policy and avoid making sudden shifts in 2021, said Chen Yulu, vice governor of the People's Bank of China (PBOC), the country's central bank, on Friday.

January 16, 2021

China central bank vows consistent policies to keep housing prices stable

China's central bank will keep its regulation on the real estate sector consistent to promote the sector's healthy and stable development, an official said Friday.

January 16, 2021