Jin Liqun: To achieve stable economic growth, monetary policy must play a strong supporting role. China’s economic growth strategy in the new era needs to change the development paradigm, focus on projects with higher investment returns, and support high-end manufacturing and high-tech industries.
The wealth created by China's current economic growth is much greater than in the past. Larger economies require more prudent macroeconomic policies. Only by strengthening systematic cooperation among members and building a new multilateral development bank in the 21st century can we more effectively respond to poverty reduction, Climate change, for the benefit of people.