date:May 10, 2013
ic growth in the long term doesn't change, and it will maintain stable development supported by macroeconomic policies and structural reform measures.
Policies should be proactive to stabilize inflation expectations, as prices may rebound rapidly when demand expands, the report said.
The PBOC decided to maintain a prudent monetary policy, to balance economic growth, control inflation and prevent systemic financial risk.
Policy will focus on improving growth quality and efficiency, and guiding