Against a background of recent financial crisis, the role of central banks in containing financial imbalances and asset price misalignments clearly warrants further attention. And I agree that the future interaction between monetary and fiscal policies is likely to be complex in many parts of the world, given the considerable increase in public deficits and debt levels.
In recent years, under the guidance of the Central Publicity Department and with the support of the Ministry of Education and other central government authorities and local governments, the PBC has undertaken various credit information educational campaigns and achieved some good results.