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The PBOC: Over the coming period, slowing the pace of lending while improving quality may become one of the new normal features of macroeconomic operations.

金色财经_
Golden Finance reported that on July 15, Xie Guangqi, director of the Monetary Policy Department of the People’s Bank of China, said at a press briefing with the State Council Information Office that in the coming period, monetary credit will shift from extensive expansion to more in-depth development. Slower loan growth combined with better quality may become one of the new norms for macro operations. (Xinhua Finance)
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