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China's central bank Monday injected 30 billion yuan into the financial system through 28-day reverse repos to maintain stable liquidity.
China's CPI for 2018 rose 2.1 percent year-on-year, up from 1.6 percent for 2017. The growth exceeded 2 percent for the first time in the past four years but remained well below the government's target of around 3 percent in 2018.
China will introduce more targeted and effective measures to further reduce corporate operating costs and the country will achieve its development goals for this year, as well as the goal of building a moderately prosperous society in all respects, Premier Li Keqiang said on Thursday.
China's A-share market was the highest performing stock market in the world in 2019, rising 31 percent compared to 22.3 percent for the US' S&P 500 index, 8.5 percent for the UK's FTSE 100 and 11.5 percent for Japan's Topix index-though, of course, past performance does not promise future performance in any of these markets. And, the A-share market suffered large losses in 2018. The huge 2019 rise in the A-share market is especially impressive in the face of trade frictions with the US.
China's banking regulator vowed on Friday to clean up irregularities in the sector and intensify the crackdown on financial speculation that exploits systemic loopholes.