On the other hand, as the core of modern economy, sound financial development guarantees the steady and fast development of the aggregate economy. To maintain healthy and fast economic development, the Chinese government has strengthened macro-economic management, deepened economic restructuring and steadily promoted the reform of state-owned commercial banks and capital market in recent years.
A proper understanding of these key considerations is, thus, mandatory for central bankers. I need not dwell further on these as they would surely be covered by the resource persons in the Workshop.