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China's central bank may focus on maintaining ample liquidity in the financial system and curb financial arbitrage by pursuing a more flexible monetary policy stance and keeping the benchmark lending rates adaptive, as it did for three months in a row, analysts said on Monday.
China's central bank subsequently allowed the yuan to fall against the dollar.
China will encourage its financial institutions to make interest concessions as appropriate to businesses and ensure that all fee-reduction measures are fully implemented, in an effort to ease corporate burdens and keep economic fundamentals stable.
China's answer is clear: We remain committed to further opening up. This commitment boosts confidence in robust economic growth.
China's air passenger volume is expected to reach 612 million in 2018, up 11 percent from 2017.
