China’s Central Bank Intends to Maintain Flexible And Accommodative Monetary Policy

China’s central bank said it will maintain a flexible and accommodative prudent monetary policy while prioritizing stability.

In its monetary policy implementation report for the second quarter of the year, the People’s Bank of China said it will keep liquidity reasonably plentiful and boost support for technology innovation, small businesses, and the manufacturing sector.

The central bank said that China will promote the sound development of financial markets and better protect the interests of investors.