PBOC: Will stick with supportive monetary stance

The People’s Bank of China, the Chinese central bank, said in a statement released on Thursday that they will stick with a supportive monetary stance.”

Additional takeaways

Will step up counter-cyclical adjustments.

Will strengthen financial support to the real economy.

Will study new policy measures, strengthen coordination and cooperation of macro policies.

Will support the consolidation and enhancement of the positive momentum of economic recovery.