BEIJING, Dec. 31 (Xinhua) -- Zhou Xiaochuan, governor with the People's Bank of China, or the central bank, reiterated Thursday that the bank will maintain the moderately loose monetary policy in 2010 and improve the focus and flexibility of the policy according to circumstances.

    More credit support should go to promoting employment, strategic emerging industries, and industry transfer, Zhou said in a New Year Address to the People's Bank of China.

    Zhou underscored that more financial support should be given to transform the economy's development pattern, develop agriculture, help farmers and rural areas progress, and expand domestic consumption in 2010.

    He also urged to deepen the reform of financial systems, improve the service function of the financial industry to better support the real economy, promote the balance of international payments, and effectively guard against and reduce financial risks.

Special Report:  Global Financial Crisis

China's central bank reaffirms moderately easy monetary policy in 2010

     BEIJING, Dec. 23 (Xinhua) -- The monetary policy committee of China's central bank has reiterated the government's decision to maintain the moderately easy monetary policy in 2010 and improve the focus and flexibility of the policy according to circumstances.

    The committee also agreed at a quarterly meeting that the government would manage the growth of credit increase next year to avoid big fluctuations in lending, according to a report posted on the website of the People's Bank of China Wednesday.  Full story

China to keep macroeconomic policy stance in 2010 with flexibility

     BEIJING, Nov. 28 (Xinhua) -- China has vowed to maintain its macroeconomic policy stance in 2010 despite worries that its stimulus is likely to risk fueling new bubbles and overcapacity.

     A meeting of the Political Bureau of the Communist Party of China (CPC) Central Committee agreed Friday that the country will continue the proactive fiscal policy and moderately easy monetary policy next year.  Full story

China to keep continuity, stability of economic policy: vice PM

     BEIJING, Nov. 12 (Xinhua) -- China will maintain the continuity and stability of its economic policy as its effort in coping with the global financial crisis has scored remarkable achievements, Vice Premier Li Keqiang has said.

     "Positive changes have taken place in world economy along with enhanced confidence of the international community and a financial market turning back into normal track, and some emerging economy are in the front rows in the recovery process," Li said Wednesday when he met with some Nobel Laureates and prominent economists who were in Beijing for a forum.  Full story