Financial stability risks have risen amid a moderate and uneven global economic recovery, and are harder to assess and address after they have rotated to parts of the financial system, the International Monetary Fund (IMF) warned Wednesday.
The State Council, China's cabinet, dispatched eight inspection teams on Wednesday to check the implementation of its policies nationwide, in a process which will last 10 days through to July 5.
Chinese State Councilor Yang Jing on Saturday stressed the importance of implementation of government policies, saying inspection teams from the the State Council, China's cabinet, will be dispatched nationwide to check the implementation in a serious manner.
China needs to manage tradeoffs arising from reform, and effective implementation is the key to success, World Bank Managing Director Sri Mulyani Indrawati said here on Sunday.
Experts predict the Chinese central bank's monetary policy to be variable this year as both global and domestic markets face uncertainties.
A recent survey released by the largest party in Hong Kong's Legislative Council shows that more than half of the citizens share the discontentment on government's overall housing policies.
The governor of the People's Bank of China (PBOC) said Wednesday that China's monetary policies will remain stable and continuous, no matter who ends up becoming the central bank's new governor.
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