BEIJING (Reuters) – China’s central bank said on Wednesday it will make its monetary policy flexible, targeted and appropriate in 2021.
The People’s Bank of China (PBOC) added it would deepen reforms of its loan prime rate, while promoting deposit rate liberalization.
It would also step up regulation of financial activities by internet platforms, it said in its statement on its website.
(Reporting by Lusha Zhang, Judy Hua and Kevin Yao; Editing by Andrew Heavens)
