With many uncertainties ahead, it is wise to keep the inflation rate low to ensure that the economy remains competitive and to minimize pockets of instability, whether through excessive growth of bank credits or asset price bubbles. Closing Distinguished guests, Ladies and Gentlemen 28.
In recent years, under the leadership of the CPC Central Committee and the State Council and the direct command of the Leading Group for the Development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Financial Stability and Development Committee under the State Council, the GBA has witnessed continuously enhanced connectivity in infrastructure and regulations, accelerated flow of key factors including capital, technology, talent and information, and constantly enhanced market integration.