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PBOC Deputy Governor Xuan Changneng: CN To Persist in Domestic Demand-led Strategy to Unlock Service Consumption Potential
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China firmly supports multilateralism and is willing to work with all parties to better utilize the G20 finance channels, strengthen macro policy coordination, and promote global economic growth, Xuan Changneng, Deputy Governor of the People's Bank of China (PBOC), attended the G20 Finance and Central Bank Deputies Meeting saying. In the future, China will further deepen comprehensive reforms and expand high-standard opening up. Meanwhile, China will persist in a domestic demand-led strategy, build a strong domestic market, and unlock the potential of service consumption. Xuan emphasized that the PBOC will continue to implement a moderately loose monetary policy to create a favorable monetary and financial environment for stable economic growth, high-quality development and stable operation of the financial market. AASTOCKS Financial News Website: www.aastocks.com |
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