BEIJING (Reuters) - China's central bank said on Thursday that it will keep its prudent monetary policy neutral, neither too tight nor too loose.
The People's Bank of China will keep liquidity reasonably ample and guide reasonable growth of credit and social financing, the bank said in a statement after a second-quarter meeting of its monetary policy committee.
The central bank also pledged to deepen financial system reform and control the intensity and pace of structural deleveraging.
(Reporting by Beijing Monitoring Desk and Kevin Yao; Editing by Nick Macfie)
Disclaimer: No Business Standard Journalist was involved in creation of this content
