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Pan Gongsheng, Governor of the People’s Bank of China and Director of the State Administration of Foreign Exchange, spoke at the International Monetary Fund meeting in Morocco last weekend.
Positive factors for China’s economic performance continue to accumulate, bright spots are increasing, and expectations are improving.
It will provide more substantial support to the real economy.
The People’s Bank of China will continue to support economic growth and allow the economic recovery to take advantage of the momentum.
It will expand domestic demand, boost expectations and provide more substantial support to the real economy.
At press time, the AUD/USD was trading at 0.6311, up 0.24% for the day.
