People's Bank of China Governor Yi Gang and Deputy Governor speaking.
The dep gov:
- China's economy is improving but there are still uncertainties
- Will adjust monetary policy in a timely way
- Will not resort to flood-like stimulus
- Will steer monetary policy mainly based on domestic conditions
- Will make assessments on structural policy tools
- Some structural tools will be extended, some tools will exit
- Expects China's inflation will be modest, inflation under control
more to come
