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"Both the pressure of growth moderation and that of price rises exist at the same time. The overall tone of the monetary policy will stay prudent," Jin Qi, assistant to the PBOC governor, was quoted as saying during a meeting held on Thursday and Friday.
"China has played a really very responsible stabilizing role, despite its relative newcomer status," he said at a press conference.

Li said he hopes the two parties will make new contributions toward the improvement of national sentiment, friendship, reciprocity and development between both countries.
Former central bank deputy governor Wu Xiaoling said price distortions resulting from domestic financial market restrictions have created room for arbitrage and may force China to improve the flexibility of interest rates and the yuan's exchange rate.
"Even though we have a better supply-and-demand situation this summer, the power load will continue its two-digit growth once the economy rebounds," said Yin Changxin, director of the Work Safety Department with the State Grid.
来源:资阳报