People's Bank of China: Social finance growth in the first quarter basically matched expectations for economic growth and price levels

According to the latest data from the People's Bank of China, social financing growth in the first quarter of this year basically matched the expected targets for economic growth and price levels. This shows that China's economy has achieved a good start in the short term, helping to combat external interference.

The People's Bank of China pointed out that the RMB exchange rate remains basically stable, with a solid foundation at both the macro and micro levels. In the next step, the central bank will focus on domestic affairs, take into account internal and external balance, adhere to a prudent monetary policy, and provide support for the sustained and stable development of the economy.

In addition, the People's Bank of China also stated that it will continue to strengthen financial supervision, prevent systemic risks, and maintain the stable operation of the financial system. At the same time, we will increase support for the real economy and promote economic structural adjustment, transformation and upgrading.

Overall, the People's Bank of China is confident about the future economic development and will continue to actively respond to various risks and challenges, maintain the good momentum of economic growth, and achieve a higher level of economic growth.

Finally, the People's Bank of China calls on all parties to work together to promote the stability and healthy development of the economy and inject new impetus and vitality into the realization of the Chinese Dream.