Pan Gongsheng, Governor of the People's Bank of China, attended the China Development Forum and delivered a speech. China's economy has maintained a good momentum of recovery and has the ability to achieve the expected growth target of about 5% for the whole year.
China has built an effective financial safety net, including improving the corporate governance of financial institutions, strengthening financial supervision, strengthening the protection of disposal resources, giving full play to the role of the lender of last resort, and strengthening the rule of law.