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Central Bank Governor Pan Gongsheng: The next step will be to strengthen countercyclical and cross-cycle regulation
On August 24th, Jinshi Data News, Pan Gongsheng, the Governor of the Central Bank, stated that the People’s Bank of China has implemented three significant adjustments to its monetary policy, which have provided precise and effective support for the economic recovery. The next step is to strengthen countercyclical and cross-cyclical adjustments, focus on stabilizing expectations, boost confidence, and support the consolidation and enhancement of the positive trend in economic recovery.