The view of downtown Shanghai, China, September 25, 2022. /CFP
The view of downtown Shanghai, China, September 25, 2022. /CFP
China's central bank governor and finance minister have both said the country would continue to provide support for its real economy by boosting the implementation of relevant supporting policies.
In a video speech at a G20 finance ministers and central bank governors meeting on Thursday, Yi Gang, the governor of the People's Bank of China (PBOC), pledged to strengthen the implementation of a prudent monetary policy and provide stronger support to the economy.
Yi said the central bank will focus on supporting infrastructure, manufacturing and property sectors, according to a PBOC statement published on Friday.
At the same event, China's Finance Minister Liu Kun said via video that the country would speed up the implementation process of existing economic support policies.
Noting the current global economic situation has become more complex and severe, Liu called on G20 countries to "work together to overcome difficulties, seek development, promote cooperation and stick to real multilateralism," according to a statement on the ministry's official website.