2024 RT Amination Banner.gif

China Daily

//www.chinadailyhk.com/public_resource/public/css/style.css {"dm":"https://www.chinadailyhk.com","httpDomain":"https://www.chinadailyhk.com","hr":"/","httpRoot":"/","smr":"/cndy_asia/WEB/","subMediaRoot":"/cndy_asia/WEB/","trr":"/public_resource/templates/","templatesResRoot":"/public_resource/templates/","srr":"/public_resource/subjects/","subjectsResRoot":"/public_resource/subjects/","pr":"//www.chinadailyhk.com/public_resource/public","publicRoot":"//www.chinadailyhk.com/public_resource/public","subMediaLocalPath":"/data/files/mcpp/publish/cndy_asia/WEB/","other":{"baidu_map_apikey":"T0IxOVsyHiwtTfZRxdyzNH5C","txyun_apikey":"1252065688"}}
News> Business> Content
Friday, October 19, 2018, 12:29
PBOC: China to maintain liquidity at reasonable, stable level
By Xinhua
Friday, October 19, 2018, 12:29 By Xinhua

China's central bank governor Yi Gang arrives for the EU-China High-level Economic Dialogue at Diaoyutai State Guesthouse in Beijing, June 25, 2018. (PHOTO / AGENCIES)

BEIJING - Yi Gang, governor of the People's Bank of China, said on Friday that China's current stock market valuation has been at a relatively low level in history and in contrast to the country's stable and positive economic fundamental.

Yi made the remarks when being interviewed by reporters on the recent volatility of China's stock market, noting the central bank will maintain liquidity at a reasonable, stable level to promote heathy and stable development of the market and foster a sound economic and financial environment. 

ALSO READ: China vows to bring financial markets back on 'normal' track

Share this story

CHINA DAILY
HONG KONG NEWS
OPEN
Please click in the upper right corner to open it in your browser !