Date
18 October 2017

PBoC to push on with marketization in 2014, website says

The People’s Bank of China (PBoC) will step up its marketization efforts this year and shift more of its service focus to mass consumers, central bank website pbc.gov.cn reported Wednesday, citing assistant governor Jin Qi. At the bank’s annual monetary supply work conference in Zhengzhou last week, Jin said that this year the PBoC planned to increase cash supply, make progress on issuing second-generation bank notes, as well as step up efforts to stamp out fake notes.

– Contact HKEJ at [email protected]

EL/AC/SK

 

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