Zhou Xiaochuan: The Central Bank'S Policy Will Consider The Capital Market Reaction.

2010/12/20 14:52:00 46

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Zhou Xiaochuan'S Central Bank Policy

governor of the People's Bank of China

Zhou Xiao Sichuan

Recently accepted

CCTV interview

When the central bank said that the central bank is trying to make

policy

At the same time, take the response of capital market as a consideration and try to balance it.

But at the same time, he stressed that a small number of policies are not necessarily able to be comprehensive, especially in macroscopical decision-making. We must take a more overall stand and take a more general position to integrate the near term with the long-term.

Zhou Xiaochuan believes that although monetary policy will trigger a great shock in capital markets in the early days of capital market development, we can see now that as the market gradually realizes the importance of monetary policy to the overall economic adjustment, besides the monetary policy, the international and domestic macro situation has also become an important reference for the market. Therefore, the market's judgement on the orientation of monetary policy is also improving.

Zhou Xiaochuan said: "now, it is often your policy has not yet come out, part of it has been absorbed in advance."

As of December, China's A shares have gone through 20 years, with a total market value of 27 trillion yuan, becoming the second largest capital market in the world after the United States.

The central bank's monetary policy has always been an important indicator for Chinese investors to judge future stock market.