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China shifted from a tight monetary policy to a moderately easy stance last year to prop up growth that had been undermined by declining exports and a slumping real estate sector
Yi said the bank would stick to a moderately easy monetary policy in a bid to ensure sound and healthy development of the economy.
"Liquidity of the country's lenders is more sufficient than overseas banks," he said,chaussure louboutin, noting the bank had reduced the required reserve ratio, cut interest rates and encouraged lenders to extend more loans.
本文来自:VOA英语网 文章地址:Narrow money supply,Gucci Silppers, M1 -- cash in circulation plus corporate current deposits -- was up 17.04 percent to 17.65 trillion yuan.
However, he said, loans to energy-intensive or polluting enterprises should be strictly controlled.
Economic signs in China are "better than expected" because of the country's proactive fiscal policy,louboutin, moderately easy monetary policy and stimulus plans, Yi Gang,Christian Louboutin Sandales, vice governor of the People's Bank of China (PBOC), told TingVoa.com in an exclusive interview Wednesday.
He said the Chinese financial market was stable and sound and industrial output was increasing.
VOA Special English(VOA慢速英语)节目,Gucci Fels，由美国本土资深播音员 用清晰精准的发音,Bout ouverts，简化的词汇和语法，播报世界新闻 讲述美国人文，地理,Bottes Over-the-genou，文学，历史等专题知识,Gucci chaussures。收音机收听 A senior Chinese central bank official said Wednesday the bank would continue to implement the moderately easy monetary policy to promote steady and fast economic growth.As of March, M2 -- a broad measure of money supply, which covers cash in circulation and all deposits -- grew 25.5 percent from a year earlier to 53.06 trillion yuan (about 7.8 trillion U.S. dollars), the highest since 1996.
Yi said the bank would guide financial institutions to properly increase loans and optimize credit structure,Christian Louboutin Talon Compensé, channeling more loans to small and mid-sized companies,Manolo Blahnik Chaussures, programs to increase employment and post-disaster reconstruction.
Added to the monetary policy was the 4 trillion-yuan stimulus package, including plans for 10 industries.
The benchmark deposit and loan interest rates have been reduced five times since September. The latest cut was in December, when the PBOC slashed the one-year benchmark interest rate for loans by216 basis points to 5.31 percent and that for deposits by 189 bps to 2.25 percent.
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