China's central bank governor vowed to provide more substantial support to the real economy amid recent improvements in economic indicators, which experts expect to further consolidate the confidence in the country's economic recovery.
His remarks came in amid increasing signs of an uptick in China's economic activity...
Financing activity also picked up in September as the increment in aggregate social financing — the total amount of financing to the real economy — amounted to 4.12 trillion yuan ($563.93 billion)...
The real estate market has shown signs of recovery in many regions...
Steven Barnett, senior resident representative of the International Monetary Fund in China, said the country has the scope to boost the economy...
Official data shows that China's financial risks are well under control ...
Pan added that the PBOC has implemented a sound monetary policy in a targeted and forceful manner and enhanced counter-cyclical adjustments, thus effectively addressing risks and challenges at home and abroad.