/ world today news/ Yesterday, the People’s Bank of China published a report on the implementation of monetary policy in the third quarter, in which it was stated that, in general, it continued to be precise and provided strong support to the real economy. Loans maintained reasonable growth and stood at 235 trillion yuan by the end of September.
At the same time, the report mentions that China’s economy is currently facing a number of challenges such as imbalances in the recovery of the global economy, an unstable base for the recovery of the national economy, etc. According to the bank’s assessment, the positive foundations for the country’s economic development remain unchanged, as well as its sustainability, potential and vitality. However, consistent efforts are needed for the high-quality development of China’s economy, the report stressed.
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