Financial institutions should maintain a positive attitude in bolstering the real economy as China will further ease its monetary policy this year to ensure an uptick in the overall economy, experts said.
Experts stress banks role in real economy--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
China must further strengthen the implementation of a proactive fiscal policy next year to underpin economic recovery despite many ongoing challenges, experts said.
Following the lead of large State-owned commercial lenders, many joint-stock commercial banks and city commercial banks in China also agreed to provide financing to property developers, in the hope of stabilizing the housing market and preventing risks from spreading beyond the real estate industry.