China News Service, October 14. According to the People's Bank of China news on the 14th, on October 13, Yi Gang, Governor of the People's Bank of China, attended the fourth G20 Finance Ministers and Central Bank Governors Meeting this year by video connection.
In his speech, Yi Gang introduced China's economic situation and monetary policy stance, saying that China's price level is basically stable, and the People's Bank of China will strengthen the implementation of a prudent monetary policy to provide stronger support for the real economy, focusing on supporting infrastructure construction and supporting Financial institutions issued loans for equipment renovation and renovation in key areas such as manufacturing, and at the same time promoted the accelerated use of special loans for "guaranteed property handover", and promoted the stable and healthy development of the real estate market.
Yi Gang welcomed the progress of the implementation of the G20 Common Framework for Debt Disposal. He said that China will continue to work with all parties to implement it, and private sector creditors should participate in a comparable manner. , proposals to enhance the resilience of the international monetary system.
Yi Gang thanked all parties for their support for the PBC to lead the formulation of the G20 policy framework on financial support for the orderly transformation of high-carbon industries and the 2022 G20 Sustainable Finance Report, and looked forward to continuing to work with all parties to promote G20 sustainable finance work.
(Zhongxin Finance)