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Friday, March 14, 2014
ANBOUND: Development is The Key to Monetary Policy
ANBOUND

At the press conference on March 13, Premier Li Keqiang stated that China's economy will be facing complicated situation with multiple objectives this year, the bottom line of economic growth is to secure the employment. ANBOUND researchers pointed out that the information indicates that there will be a shift in the focus of macroeconomic policy, and the key focus lies on the development. Being a part of the macroeconomic control and regulation, monetary policy thus will be undoubtedly restricted when Chinese market is weak. Therefore, it should not have any mistake pertaining to the key focus of the monetary policy. The practical rule is that monetary policy should serve the economic development.

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