PBOC: Economic growth to cut dependence on financial support

Updated 2018-03-09 11:14:05

China's economic growth will reduce heavy reliance on financial support, said central bank governor on Friday.[Special coverage]

China will undertake corresponding policy responses to moderate money supply, the central bank governor Zhou Xiaochuan said.

China will open the financial sector wider as RMB internationalization promotes opening-up, Zhou said.

China is reforming the financial supervision system and the central bank will play a bigger role, said the central bank governor.

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