Yi Gang: China’s economic growth may reach 2% increase this year
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Update time : 2020-10-19 17:09:02
Yi Gang, governor of People's Bank of China, said on October 18th that the Chinese epidemic has already been controlled, and which might lead the Chinese economy to reach a 2% increase in 2020.
Yi Gang also mentioned that the fiscal and monetary policies of the Chinese government currently were all aimed to help the small and medium enterprises to pass this crisis.
Moreover, for the exchange rate between the Chinese Yuan and the USD, Yi Gang emphasized that it should be determined by the market, and the government would not use the exchange rates for the competition purpose.
