PBoC's Zhou says policy to favour stability in 05

China's monetary policy will lean towards stability next year, Zhou Xiaochuan, governor of the People's Bank of China, was quoted as saying in the China Securities Journal.

"The central bank is concerned about the trend in inflation. Taking into account the rapidly rising prices of production materials and that the economy is still attracting big investment, monetary policy in 2005 will lean towards stability," Zhou was quoted as saying.

Last month, the PBoC, for the first time in nine years

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.