Yi Gang: We will continue to implement a prudent monetary policy and increase support for the real economy

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 TMTPost App on April 22nd, on the evening of April 21st, 2022, the 45th International Monetary and Financial Committee (IMFC) meeting was mainly held offline and supplemented online. President Chen Yulu attended the meeting. President Yi Gang introduced China's economic situation and monetary policy, saying that the primary goal of China's monetary policy is to stabilize prices and employment. Stabilizing prices is inseparable from the support of monetary policy and the stability of the real economy. In terms of monetary policy, the People's Bank of China has always maintained that the growth rate of money supply and social financing scale basically matches the nominal economic growth rate, and the market interest rate remains within a reasonable range. In the real economy, grain production and energy supply are very important to price stability this year, and China has basically achieved self-sufficiency in grain production. Financial services attach great importance to agricultural production and the production and import of important energy sources such as coal, oil and natural gas. As long as food production and energy supply are ensured, prices will stabilize within a reasonable range.

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