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He Lifeng: CN Shall Continue to Implement Moderately Loose Monetary Policy, Strengthen Support for Key Areas Like Domestic Demand Expansion
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The National Financial System Work Conference was held today (12th) in Beijing, according to Xinhua News Agency. He Lifeng, a member of the Political Bureau of the CPC Central Committee and director of the Office of the Central Commission for Financial and Economic Affairs, emphasized that the financial system must thoroughly study and implement the spirit of the Central Economic Work Conference. It should accurately grasp the economic situation and main objectives, and firmly maintain confidence and determination in financial work. The focus should be on risk prevention, strengthening regulation, and promoting high-quality development, effectively carrying out key financial tasks for 2026. He added the necessity to make an all-out effort in promoting high-quality development, continue to implement a moderately loose monetary policy, and strengthen financial support for key areas such as expanding domestic demand, technological innovation and SMEs. The financial reform and opening-up should be steadily and orderly advanced, with proper expectation management. AASTOCKS Financial News Website: www.aastocks.com |
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