China Central Bank Governor Yi Gang said risks in the financial system are at a controllable level.
According to the news in China’s official news agency Xinhua, China Central Bank Governor Yi Gang said that the risks in the financial system are at a controllable level.
Yi stressed that market prospects for various real estate companies are gradually improving. Stating that the regulations in the sector will allow companies to develop in a healthy way, Yi noted that they will fight the risks in the economy with market-oriented and law-based rules.
Yi also stated that they will introduce two new monetary policy tools to achieve their carbon emission reduction targets.