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As the nation completes its journey to becoming a high-income country in a historically short period, part of the debate will center on whether this could have been achieved without a centrally planned economy.
As the government pushes business resumption and policy assistance to help market entities overcome difficulties, China's economy has rebounded at a faster-than-expected speed from the impact of the novel coronavirus contagion.
As rising fiscal expenditure near the end of the year kept the banking system liquidity at a relatively high level, reverse repos were skipped, the PBOC said on its website.
As the Chinese yuan is not freely convertible under the capital account, the central bank has to purchase foreign currency generated by trade surplus and foreign investment in the country, adding funds to the money market.
As this year marks the 15th anniversary of the establishment of the China-ASEAN strategic partnership, he also called for joint efforts to push for greater development in East Asian regional cooperation.
来源：资阳报