PBOC Governor Yi: Chinese Economy Has Remained Broadly on Track

The video discusses China's economic resilience, growth potential, and the role of monetary policy in supporting stable growth. It covers the RMB exchange rate trends, institutional opening up in the financial sector, and measures to support the property market. Additionally, it highlights Hong Kong's role as an international financial center and its connectivity with mainland China.

What was the GDP growth rate of China in Q3 compared to the second quarter?

• 3.5%

• 4.2%

• 3.9%

• 2.5%

Which factor is NOT mentioned as contributing to China's economic growth potential?

• Decreasing population

• Rising middle-class demand

• Urbanization

• High-quality infrastructure

What is the primary goal of China's monetary policy as discussed in the transcript?

• Strengthen the RMB

• Increase inflation

• Support the real economy

• Reduce unemployment

What is the current range for bank loan rates in China?

• 4 to 5%

• 3 to 4%

• 5 to 6%

• 1 to 2%

What approach does China follow for its exchange rate regime?

• Flexible market-determined rate

• Pegged to the US dollar

• Floating exchange rate

• Fixed exchange rate

What measure has NOT been taken by China to support the property sector?

• Introducing special lending programs

• Increasing property taxes

• Lowering down payments

• Cutting mortgage rates

What role does Hong Kong play in relation to mainland China and global financial markets?

• A manufacturing base

• An international financial center

• A regional trade hub

• A cultural exchange center