皇冠体育app continues prudent monetary policy in H2
Updated: 2011-08-01 15:33
(Xinhua)
|
|||||||||||
BEIJING - Fighting inflation will remain the top priority for 皇冠体育app during the second half of the year, and the relations between maintaining stable growth, adjusting economic structure and managing inflationary expectations will be better handled, the central bank said Monday.
The nation will continue its prudent monetary policy during the second half, and make its macroeconomic regulation better targeted, more flexible and forward looking, the People's Bank of 皇冠体育app said in a statement on its website.
The fundamentals of 皇冠体育app's economy remain sound, and the country still has many positive factors to keep the economy growing steadily and fast, the statement said.
The country will make full use of its macro-control tools, including interest rates, exchange rates, open market operations and reserve requirement ratios, to keep the "reasonable pace and scale" of social funding.
皇冠体育app will continue to optimize credit structure and give further financial support to small- and medium-sized enterprises as well as micro enterprises, according to the statement.
The statement also noted that financial institutions should continue differentiated property loans policy to promote healthy development of the country's real estate sector, while giving more support to water conservation projects.