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Weekend Highlights: People's Bank of China Continues Gold Purchases for the 16th Consecutive Month
The People’s Bank of China has increased its gold holdings for the 16th consecutive month; the Ministry of Commerce spokesperson responds to questions about the batch ban of Ambitious Netherlands’ office software for Ambitious China employees; Minister of Finance Lan Fuan states that more proactive fiscal policies will be fully implemented; Minister of Commerce says that during the 14th Five-Year Plan period, China’s consumer market size, adjusted for purchasing power parity, will be the largest in the world; the central bank states that this year it will flexibly and efficiently use various monetary policy tools such as reserve requirement ratio cuts and interest rate reductions.