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The 16th meeting of the foreign ministers of China, Russia and India will be held in Wuzhen on Wednesday.
The PBOC said it will keep the prudent monetary policy "neither too tight nor too loose" while maintaining market liquidity at a reasonably ample level and the market interest rate level reasonably stable.
Premier Li Keqiang called for giving stronger support to private businesses and SMEs to ease their financing woes and promote the integrated development of businesses of all sizes.
"We hope the U.S. side will make more efforts to promote exchanges and mutual trust between Chinese and U.S. people rather than the opposite," he said.
Attending a penal discussion titled "Rethinking Global Financial Risk," Fang Xinghai, vice chairman of the China Securities Regulatory Commission, said that the Chinese economy may slow down in 2019 but "it won't be a collapse."
