"The direction of the PBOC's policy is very clear, but it will resort to an orderly and progressive approach," Zeng Gang, a researcher at the Chinese Academy of Social Sciences, told Xinhua in an interview.
"The authorities will take into account the impact of its policies on the financial market and the real economy, and the monetary policy will remain prudent on the whole," said Zeng, who expects the policy to be further adjusted if the Chinese economy experiences major changes.
The central bank would be "very cautious" and "look carefully before taking each step" in changing monetary policy, said Lian, of Bank of Communications, adding that the PBOC would look at reactions in the domestic financial market and the real economy.
"No big moves are expected as the central bank will also take into consideration the U.S. Federal Reserve's possible rate decisions and the renminbi's exchange rate fluctuations," Lian said.
【国内英语资讯:Economic Watch: Chinas monetary policy to be more prudent, neutral】相关文章:
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2020-09-15
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