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The People's Bank of China, China Banking Regulatory Commission, China Securities Regulatory Commission and other government bodies released their major tasks related to economic development for 2022 mapped out by the Central Economic Work Conference. Let's take a look.
The People's Bank of China
Maintain a flexible and moderate prudent monetary policy, and reasonable and ample liquidity.
Support the development of fintech in accordance with the law and in a standardized manner, and strengthen efforts on anti-monopoly and antitrust.
Steadily and orderly advance the research and development of e-CNY.