China to continue prudent, neutral monetary policy in 2018

Source: Xinhua| 2017-12-20 17:56:44|Editor: pengying
Video PlayerClose

BEIJING, Dec. 20 (Xinhua) -- China will continue to adopt a prudent and neutral monetary policy and a proactive fiscal policy in 2018, according to a statement released after the Central Economic Work Conference concluded Wednesday.

"Prudent monetary policy should be kept neutral, the floodgates of monetary supply should be controlled, and credit and social financing should see reasonable growth," the statement said. "Meanwhile, the proactive orientation of fiscal policy will be maintained, while the structure of fiscal spending should be optimized," it said.

Concrete measures will be taken to strengthen the regulation of local government debt.

Related:

Xi Jinping  Thought on Socialist Economy with Chinese Characteristics for a New Era takes shape

China to further supply-side structural reform

China to improve mechanisms for high-quality development

China has the world's largest middle-income population: key meeting

China to focus on pollution control over next 3 years: key meeting

China highlights housing system encouraging both purchase, renting

China to boost imports for balanced trade

KEY WORDS: China
EXPLORE XINHUANET
010020070750000000000000011100001368404231