Central Bank officials suggested that the implemen

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December 1,[link widoczny dla zalogowanych], Xi'an Evening News reported China's central bank survey Secretary Sheng Songcheng November 30 in the central bank in charge of the \inflation expectations, given the community a clear policy signals, while further promoting the reform of RMB exchange rate formation mechanism, strengthen the RMB exchange rate flexibility.
Shengsong Cheng pointed out that October's economic data showed continued rapid development of China's economy, the main indicators of strong growth, but the CPI has reached the last 25 months, the highest value. At the same time there are many risk factors that could fuel inflation further. To consider all aspects of the situation,[link widoczny dla zalogowanych], monetary policy should be timely from the \It means that loose monetary policy, it is necessary to change the tone, they can not \
Shengsong Cheng said the monetary policy to \First of all,[link widoczny dla zalogowanych], help manage inflation expectations. Second, it is conducive to enhancing the independence of monetary policy in China. And third, to further establish China as a responsible country a good image.
(This article Source: Xi'an Evening News)
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