PBOC Governor Says PBOC Will Continue to Implement Prudent Monetary Policy and Increase Support to Real Economy

SHANGHAI, Apr 22 - On April 22, Yi Gang, Governor of the People's Bank of China, attended the sub-forum on "Global Inflation, Interest Rate Hike Tide and Economic Stability" at the Boao Forum for Asia Annual Conference 2022 and delivered a keynote speech. The primary task of China's monetary policy is to maintain price stability. This year, food production and energy supply are very important for price stability. Financial services will target agricultural production, as well as 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 stabilise within a reasonable range. China will continue to implement a prudent monetary policy, and will comprehensively use a variety of tools to provide more support for small, medium and micro enterprises and increase support for the real economy.