China's Central Bank Vows Ongoing Support Despite Economic Uptick

The governor of China's central bank vowed to provide more support to the real economy as economic indicators improve, boosting confidence in recovery.

Signs of economic uptick emerged, like the PMI turning positive and increased financing activity. Policy support boosted real estate.

The remarks signal the central bank will keep supporting recovery despite the uptick, to solidify the foundation.

Experts said there is room for more monetary stimulus given low inflation. Interest rates may be further reduced.

Going forward, the focus may shift to boosting consumption, innovation, and green growth through structural tools.