PEOPLE’S BANK OF CHINA OUTLINED KEY POLICIES AND TASKS FOR 2021 IN BEIJING

Highlights –

• People’s Bank of China outlined key policies and tasks for 2021 in Beijing.
• PBOC will offer effective financial support in accelerating the construction of a new development paradigm.
• PBOC is said to implement prudent monetary policy.
• The central bank will establish mechanisms that offer effective financial support to the real economy.