Central Bank Vice President Zou Lan: The effects of the implemented monetary policy will further manifest, and we will continue to implement a moderately loose monetary policy.

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[Central Bank Vice President Zou Lan: The effects of the implemented monetary policy will further manifest, and we will continue to implement an appropriately accommodative monetary policy] Central Bank Vice President Zou Lan stated that, based on economic theory and practical experience, the transmission of monetary policy takes time, and the effects of the already implemented monetary policy will further manifest. In the next phase, the People's Bank will continue to implement an appropriately accommodative monetary policy, closely monitoring and evaluating the transmission and actual effects of previous policies implemented. Based on domestic and international economic and financial conditions and the operation of financial markets, we will grasp the intensity and pace of policy implementation to better promote the expansion of domestic demand, stabilize social expectations, stimulate market vitality, and support the achievement of annual economic and social development goals and tasks. (China Net)

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