I believe such a position to be incorrect, and in what follows I will make two main points. First, I will stress the significant elements of continuity with the pre-2000 monetary policy strategy.
The successful launch of bankcard services for farmers is an important measure for the PBC in its efforts to implement the scientific approach to development and to serve the construction of a new socialist countryside; an effective means to speed up rural financial infrastructure construction and improve the financial services in rural areas; and also a good way to support and guide rural financial institutions, rural credit cooperatives (RCC) in particular, to accelerate business innovation, uplift rural financial services and achieve a win-win situation.