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SCIO briefing on promoting high-quality development: People's Bank of China and State Administration of Foreign Exchange -
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China's central bank to keep monetary policy accommodative
China's central bank will continue to keep its monetary policy accommodative to better support the country's high-quality economic development, said the bank's deputy governor on Thursday.
September 6, 2024 -
China's digital yuan transactions hit 7 trln yuan
China's digital yuan transactions amounted to 7 trillion yuan (about 986.07 billion U.S. dollars) by the end of June this year, said the central bank's deputy governor on Thursday.
September 6, 2024 -
PBOC hints at further cuts in the reserve requirement ratio
China will intensify counter-cyclical monetary measures at the aggregate level, central bank officials said on Thursday, implying room for further reductions in the reserve requirement ratio.
September 6, 2024