BEIJING, Feb. 8 (Xinhua) -- China's central bank said on Saturday that it will apply monetary policy instruments in the coming months to keep liquidity at an appropriate level and achieve reasonable growth in credit and social financing.
In a quarterly monetary policy report, the People's Bank of China said instruments including open market operations, changing the reserve requirement ratio, relending, and rediscounting will be adopted to manage liquidity in the banking system.
The central bank will also strengthen communication with the market and the public to stabilize expectations and ensure stable performance of the interest rate, according to the report.
China will continue to implement sound monetary policy in 2014 with a focus on making it more forward-looking, targeted and coordinated while carrying out policy fine-tuning in a timely and appropriate manner, according to the report.
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Global business elites and government officials, pooling wisdom at this year's World Economic Forum (WEF) in the Swiss town of Davos, say they are looking for a new stabilizer in a market with perhaps less mobility, while financial products pegged to the Chinese currency Renminbi (RMB) inch closer to the limelight. Full story
China's improved regulations not barrier for foreign investors
BRUSSELS, Aug. 30 (Xinhua) -- Stricter trade regulations in China could be inducive to the creation of a fairer business environment and boosting investors' confidence in the long term, several senior business executives said.
Beijing's determination to create a better investment climate, followed by effective measures, can indeed make some foreign companies feel the pain, but only those who ignore the laws of China. Full story