Without a complete tightening of monetary policy, the impact of government regulations could be neutralized by infrastructure investment with financail support, it said.

PRUDENT AND NEUTRAL MONETARY POLICY AGAINST RISKS

The conference defines China's monetary policies for 2017 as "prudent and neutral", promising better adjustments to ensure stable liquidity.

Monetary policymaking should adapt to changes in the use of money supply tools, and further efforts are needed for smoother policy transmission, it said.

China will keep the yuan basically stable, while improving the flexibility of exchange rates.

"The stance shows the government is trying to find a subtle balance between stabilizing growth and controlling asset bubbles," noted Hong Hao, chief China strategist at BOCOM International.

Earlier, a Standard Chartered Bank report predicted financial and monetary policy instruments available to the Chinese government would suffice to support China's growth in the coming years.

【国内英语资讯:Spotlight: Stability needed next year for stronger global economy】相关文章：

★ 重新审视ETF基金

★ 美多家银行同意支付抵押贷款索赔

★ 全球最佳CEO百人榜出炉

★ 资源民族主义引发担忧

★ 如何解决城市能源供应难题？

★ 郎平率美国女排出征北京奥运

★ 漂亮妈妈多生女 美男渐成稀缺品

★ 中国电商价格战搅动零售市场

★ 浑水质疑奥兰国际灰色会计做法

★ 夏天出生的人不易当上CEO？