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Economic news
02.12.2024

PBoC governor Pan pledges to maintain a supportive monetary policy stance in 2025

People's Bank of China governor Pan Gongsheng pledged on Monday to maintain a supportive monetary policy stance in 2025. 

The official also stated that the PBoC will strengthen counter-cyclical adjustments and promote stable developments in the real estate and capital markets. 

Additionally, he promised to enhance the monitoring of M2 and other levels of money supply, as well as social liquidity.

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