- To innovate macro prudential policy tools and promote sustained recovery of the economy
- To focus on real economy and people's need for financial services
- Will help arrest the fall in the property market and stabilise conditions
- To promote cross-border use of the yuan currency
- Will develop yuan offshore market
- To allow for currency swap and yuan settlement to play their respective roles
More on the surface and high-level commentary from the Chinese central bank. As much as they will play their part in maintaining more accommodative monetary policy conditions, the onus is on Beijing to deliver on the fiscal side of things still.
