Recently Governor Zhou Xiaochuan had an interview with Caixin and talked about the yuan exchange rate regime reform, macro-prudential policy framework, digital currency and other topics. The following is an edited transcript of the interview.
Caixin: The central bank convened its system-wide annual work conference in January. We learned that before the Spring Festival, the branch offices were studying the decisions adopted at the conference and discussing ways to implement them. Can you briefly describe the major agenda items of the annual work conference?
Zhou Xiaochuan: In the PBOC's annual work meetings, we usually discuss and analyze the economic situation and financial market developments in China and beyond, and follow up on our tasks to implement the decisions of the Central Economic Work Conference and to advance financial sector reform. This year, we also discussed at length subjects including the foreign exchange market, the exchange rate, macro-prudential assessment, the central bank's digital money and Internet banking, etc.
Copyright: Caixin