The National Development and Reform Commission of the People's Republic of China (NDRC) commenting on monetary policy, not the People's Bank of China in this case.

Also:

  • Monetary policy will provide the necessary support to struggling firms this year
  • China has the ability and conditions to consolidate economic growth in 2021
  • China will control the pace of its policies to ensure stable economic recovery, there will be no "policy cliff"
  • says temporary policies rolled out during pandemic cannot last in the long term