french.china.org.cn
China Opens Financial Markets, Boosts Economic Growth
China's central bank outlines plans to further open its financial sector, attract foreign investment, and boost economic growth through supportive monetary policies and regulatory reforms.
French
China
EconomyChinaInvestmentFinancePolicy
Pboc (People's Bank Of China)HsbcStandard Chartered BankCitibank
Pan Gongsheng
- What is the PBOC's approach to monetary policy and its intended impact on the economy?
- The PBOC will continue implementing supportive monetary policies to improve financial services, facilitate trade and investment, and promote sustainable economic recovery and high-quality financial development.
- How does China aim to attract and facilitate foreign investment in its financial markets?
- These policies, combined with efforts to improve investment facilitation, create a favorable investment climate, and promote high-level financial opening, actively encourage foreign investment participation in the Chinese capital market.
- What key areas are targeted by the broader set of policies released since late September?
- A comprehensive set of policies unveiled since late September aims to strengthen counter-cyclical adjustments, expand domestic demand, support businesses, revive the real estate market, and energize capital markets.
- What measures did the People's Bank of China (PBOC) announce to boost the financial sector?
- China's central bank, PBOC, announced plans to promote further opening of its financial sector and increase connectivity between domestic and foreign financial markets.
- How have recent policies affected public and foreign investor confidence in the Chinese market?
- Recent progressive policies have significantly boosted public confidence, according to Governor Pan Gongsheng, and foreign investors have expressed increased expectations and confidence in the Chinese market.