Policy

Former PBOC gov: China will continue to adopt proactive fiscal, neutral monetary policies

Date 3/21/2018 2:22:59 PM

BEIJING, March 21 (Reuters) - China will continue to adopt a proactive fiscal policy and prudent and neutral monetary policy, the country's former central bank governor said during the meeting of the Group of 20 finance ministers and central banks.

    The People's Bank of China (PBOC) published a statement on Wednesday carrying the remarks by Zhou Xiaochuan, who attended the G20 meetings in Argentina. China's parliament on Monday appointed Yi Gang, who had been serving as a PBOC vice governor, to replace Zhou.

    The PBOC's statement on Wednesday still referred to Zhou as the central bank's governor.

 

Edited by SHMET