PBoC to maintain prudent monetary policy in 2014

FXstreet.com (Łódź) - In his new year's address, the People's Bank of China Governor Zhou Xiaochuan assured on Tuesday that China's prudent monetary policy would be continued in 2014, that it would be kept consistent and stable.

Speaking in Beijing he declared that financial reforms would be firmly pursued and financial innovation efforts increased.

Following the release of the China's National Audit Office findings yesterday, the PBoC announced that it aims to attain steady credit and social financing growth next year, keeping liquidity at a suitable level.