A number of existing policies, procedures and rules have been modified and fine-tuned to support the overall financial system of the country and to enhance the effectiveness of central bank policies.
Monetary policy is an important means of macroeconomic management in China  Monetary policy is one of the important means through which China manages the economy. Its effect is transmitted through the financial system, the core of a modern economy. The effect of monetary policy is not limited to one sector or one area.